Crypto Alert: Key Economic Shifts and Altcoin Milestones Await Bitcoin Investors in the Upcoming Week
The cryptocurrency market faced significant turbulence recently, driven by substantial Mt.Gox refunds and BTC sales by the German government. This resulted in the liquidation of numerous long positions amidst a sudden downturn. Looking ahead, volatility is poised to remain pronounced as we head into a pivotal period.
Here’s an exclusive day-by-day rundown of upcoming economic events and altcoin developments:
**Monday, July 8**
– BNB: Ananet Veld hard fork completion
– VELA: V2 Mainnet launch
**Tuesday, July 9**
– XAI: Token unlocking
– 16:15: Speech by FED Vice President for Supervision Barr
– 17:00: Address by FED President Jerome Powell
– 20:30: Speech by FOMC Member Bowman
**Wednesday, July 10**
– DeSo Blockchain Revolution Proof of Stake launch
– 17:00: Address by FED President Jerome Powell
– 21:30: Speech by FED Member Goolsbee and FOMC Member Bowman
**Thursday, July 11**
– 15:30: Release of US CPI data
– 15:30: Release of US Unemployment Benefit Applications
– 18:30: Speech by FOMC Member Bostic
– Potential announcement related to US Presidential candidate Donald Trump
**Friday, July 12**
– Aptos (APT): Unlocking of tokens
– Immutable (IMX): Unlocking of tokens
– 15:30: Release of US PPI data
Please note, this information is provided for informational purposes only and should not be considered investment advice. For trading in over 300 cryptocurrencies, take advantage of a 20% commission discount by registering on Binance through this link!
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Author: Elif Azra Güven