What Will Happen in the Crypto Market This Week? 🔎 📊
We came to the last day of the week and had quite busy days. The altcoin king on Monday rose 20 percent as the SEC made a 180-degree return on the spot ETH ETF. BTC exceeded $71,000 and we saw upward movements across altcoins. In the coming days, there will be many important events that concern cryptocurrency investors.
Personal Consumption Expenses data will be the most important agenda topic of this week. On the other hand, since GDP figures triggered serious volatility last month, the data may offset the concerns in the economy within the expectation of the future here. If GDP comes normal, while the economy is shrinking, the story of the Fed's anti-inflation field is getting stuck ends, which will have a positive result for crypto.
Featured Events and Talks
On Monday, May 27:
US Markets Holiday
20:45 Fed/Williams Will Speak
FLOKI Announcement
Solana V1.18
YGG Lock Opening ($8.2 Million)
Tuesday, May 28:
07:55 Fed/Mester and Bowman
16:55 Fed/Kashkari
20:05 Fed/Cook
On the other hand, the statements and key openings of the Fed members throughout the week may also have an impact on prices.
