As a turbulent week comes to an end in the cryptocurrency market, let’s take a look at the developments to watch for in the upcoming week on our weekly calendar.
The cryptocurrency market has concluded a volatile week, which started with BlackRock renewing its application for a spot Bitcoin ETF. Bitcoin began the week at $30,617. Throughout the week, the price of Bitcoin reached as high as $31,500, with the lowest point occurring on July 7 at $29,701.
The cryptocurrency market became even more volatile with the release of the FOMC minutes on July 5. However, on July 7, the news of high-level executives resigning from Binance caused a downturn. Bitcoin has managed to remain above $30,000 with a slight recovery, currently trading at $30,274.
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