This week, the cryptocurrency market is demonstrating activity amid significant economic news. In particular, the US-EU tariff agreement has influenced price movements in cryptocurrencies.
Cryptocurrency Market and Changes
Against the backdrop of news about the US-EU trade agreement and the postponement of tariffs on goods from China, the price of Bitcoin reached $120,000, Ethereum nearly hit $3,900, and the price of BNB set a new all-time high.
Weekly Cryptocurrency Calendar
This week is filled with numerous events in the world of cryptocurrency. Monday, July 28: launch of a decentralized exchange platform called Etherex in partnership with Linea. Tuesday, July 29: launch of the mainnet of the Ika multi-party computing network. Wednesday, July 30: publication of the US Digital Assets Leadership Report and other economic data. Thursday, July 31: JustLend DAO to cease support for USDJ and the announcement of new regulatory norms in the UK. Friday, August 1: conclusion of Caldera airdrop requests and the start of Blockchain Week in Vietnam.
Economic Events and Their Impact
The economic reports expected during this week, aside from changes in the cryptocurrency sector, could significantly impact the markets. In particular, the US employment reports and the Federal Reserve's interest rate decision are awaited on Wednesday, July 30, with a high forecasted impact on financial markets.
The week promises to be eventful for the cryptocurrency market, with multiple events and economic data that could influence the balance of power in both the cryptocurrency and traditional financial sectors.
