The cryptocurrency market has just experienced an eventful week where Bitcoin's price reached an all-time high but could not break through. In the upcoming week, more altcoin activities and significant economic events are expected to impact trading.
Analysis of Cryptocurrency Market Events at the Beginning of the Week
On Monday, July 7th, several key events are anticipated:
- OSMO – Osmosis will host a session on Twitter Space to discuss its updated tokenomics. More details about the new structure are expected. - FLUX – FusionX, a new cryptocurrency exchange, will officially launch on July 7th. The platform will offer simplified trading and access to small-cap assets.
Wednesday: Major Updates and FED Meeting
On July 9th, a significant update for Celo is scheduled:
- CELO – The Isthmus hardfork, which is part of its migration to Ethereum Layer 2, is expected to be activated on the mainnet. Additionally, at 21:00 the Federal Reserve will publish meeting minutes, which may attract investors' interest.
Weekend Events: Node Licenses and Other Developments
Starting July 12th, node licenses will become tradable on-chain through a new marketplace designed to provide liquidity for decentralized computing infrastructure. Moreover, on Thursday, Mallorca Blockchain Days will take place in Spain.
The upcoming week promises to be rich in new events and developments in the crypto space. Investors should closely monitor the FED meeting and altcoin activity to adjust their strategies.
