Last week, the cryptocurrency market showed stability, but most altcoins remained in the red. We have prepared an overview of the upcoming events and economic data for next week.
Overview of Current Market Situation
During the past week, Bitcoin's price remained below $105,000; however, today it has surpassed that mark. Bitcoin is now only 3% away from its all-time high.
Upcoming Events in the Cryptocurrency World
Several significant events are scheduled for next week:
* Monday, May 19: * SOL – Solana Accelerate Event * MKR – transition from MKR to SKY * ZKJ – Polyhedra Network token unlock * SAROS – Saros token unlock * XRP – CME Group to launch XRP futures
* Tuesday, May 20: * AVAX – Avalanche Summit * PYTH – Pyth Network token unlock
* Wednesday, May 21: * SYRUP – announcement from Maple Finance * STP – rebranding of STPT to AWE
* Thursday, May 22: * TRUMP – Donald Trump meeting with major TRUMP memecoin holders
Significant Economic Reports
Important economic data will also be released next week:
* 12:00 – Eurozone Consumer Price Index (CPI) * 15:30 – US Initial Jobless Claims
Analyzing the upcoming events in the cryptocurrency world alongside important economic reports will assist investors in navigating the current market situation.
