Like every week, this Sunday too crypto money We discuss the important developments that await us in the markets. These important developments, which we share with date and day details, can trigger volatility in the market in general and in altcoins in particular. Investors can make a profit by preparing for events that have a high potential to cause this volatility increase in advance.
Cryptocurrencies Important Developments
Large candles on the chart often occur after an important event. Most of these important events are predictable and it is possible to predict the results they will have on the price to a certain extent. For example, last week we talked about how the Fed interest rate decision and 3-year forecasts could trigger an increase. We saw how accurate a prediction this was in the past few days.
So, what important developments will occur in the coming days that will concern cryptocurrency investors?
Monday, September 23
- 15:00 Fed/Bostic Will Speak
- 16:45 US Manufacturing PMI (Expected: 48.6 Previous: 47.9)
- 16:45 Services PMI (Expected: 55.3 Previous: 55.7)
- 20:00 Fed/Kashkari
Tuesday, September 24
Wednesday, September 25
- 23:00 Fed/Kugler
- VENOM Unlock ($25.3M)
- European Blockchain Event (September 25-26)
- EOS Hard Fork
Thursday, September 26
- 15:30 US Gross Domestic Product (Expected: 2.5% Previous: 2.5%)
- 15:30 Unemployment Benefit Applications (Expectation: 225K Previous: 219K)
- 16:20 Fed Chairman Powell Will Speak (Event opening speech will be released as a video)
- 18:15 US Treasury Secretary Yellen to Speak
- 18:40-19:00 Gensler to Speak at US Treasury Market Conference
- Hamster Kombat (HMSTR) Stock Listings
Friday, September 27
- 15:30 US PCE (Expected: 2.3% Previous: 2.5%)
- 15:30 US Core PCE (Expected: 2.7% Previous: 2.6%)
- 20:15 Fed/Bowman
- YGG ($6.29 Million)
Pay Attention to Fed Statements
Powell He will give a classic opening speech and it will be shared as a video. It is highly likely that we will not see anything big from this speech, but the market may use it for speculative moves ahead of the speech. Gensler The announcements to be made by are one of the most important events of the week. In the latest eToro consensus BTCThey agreed on the condition that assets other than BCH and ETH would not be offered to US citizens, which suggests that the war against almost all altcoins could continue.
PCE data If there is a surprise, the activity may increase and GDP will be closely monitored. We will follow all the developments, examine their effects on the price and share them with you at the last minute.
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
