Bitcoin (BTC) 
$64,586 price It reached the $65,000 mark again and the last decline was reversed. So what will happen in the coming days? For cryptocurrency investors, October has not been as expected for now. However, historical data points to the potential for recovery in the markets as of mid-October.
Important Developments of the Week
Just like every week, today too cryptocurrency We will talk about what awaits investors. We have seen many times the major consequences of major developments on graphics. Below, you can take a look at what awaits cryptocurrency investors in the coming days with day and time details.
Tuesday, October 15
- 00:00 Fed/Kashkari to Speak
- 18:30 Fed/Daly
- 20:05 Fed/Kugler
- XLM Meridian 2024 Event
- IOTA Announcement
- WLFI Token Sale
Wednesday, October 16
- 02:00 Fed/Bostic
- HOOD Summit 2024
- Avalanche
$29 summit
Thursday, October 17
- 12:00 EU Core CPI (Expected: 2.7% Previous: 2.8%)
- 14:00 CBRT Interest Rate Decision (Expectation: Fixed)
- 15:15 EU Interest Rate Decision (Expected: 3.4% Previous: 3.65%)
- 15:30 US Unemployment Claims (Expected: 241K Previous: 258K)
- 01:30 Robinhood Announcement
- 20:00-21:00 WLD Event
Friday, October 18
- 16:30 – 19:30 Statements by Fed Members
How Does It Affect Cryptocurrencies?
cryptocurrency We will not see a major event that risks shaking the markets. We have started one of the quiet weeks in terms of developments that will cause price fluctuations in the markets. This is positive as it provides a calm environment for the rise of cryptocurrencies. We see that developments in altcoins have fluctuated prices significantly in the last few days.
It would not be surprising if some teams, who want to turn the calm period into an opportunity, announce big news these days. Partnership announcements, new technology upgrades, and more can cause positive divergence in some altcoins within minutes, resulting in double-digit gains.
cryptocurrency One of the issues on investors’ agenda is the upcoming US elections. Harris is still leading in popular polls. This may mean that the possibility of Trump losing may suppress cryptocurrencies as the time approaches. While Harris has said very little moderately about cryptocurrencies to date, Trump is talking about buying Bitcoin directly and converting BTC assets seized by the government into Fed reserves.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
