The upcoming week will see the crypto market facing several important events, including economic data and regulatory changes.
Jerome Powell's Testimony
On June 26, 2025, Federal Reserve Chair Jerome Powell will testify before Congress. His statements could significantly affect the markets, as investors will closely watch his views on inflation and economic conditions. A hawkish stance on inflation control could put pressure on risk assets like Bitcoin.
Blast Token Unlock
June 26 will also see the unlocking of Blast tokens, with approximately 10.5 billion tokens accounting for 34.98% of circulating supply. This significant release may create short-term selling pressure, especially if the project lacks robust lock-up mechanisms or clear token utility.
Thailand Blocks Unlicensed Exchanges
Starting June 28, Thailand will block access to five unlicensed cryptocurrency exchanges, including Bybit. This measure signals a tightening of regulation in the country and may impact local cryptocurrency users.
The upcoming week promises to be eventful for the crypto industry, and investors should closely monitor economic data and market standing.
