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Cryptocurrency Market: What to Expect from July 14 to July 20, 2023

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by Giorgi Kostiuk

7 hours ago


The cryptocurrency market is experiencing a significant surge, particularly following Bitcoin's record price levels. A variety of key events are scheduled for the upcoming week.

Cryptocurrency Event Calendar

From July 14 to July 20, a number of significant events are scheduled in the cryptocurrency space.

* July 14: The US House Financial Services Committee has labeled this week as 'Crypto Week' and will review several cryptocurrency bills. * Launch of OZK Staking by OpenZK Network. * The trial of Tornado Cash co-founder Roman Storm. * July 15: Opening of the claim channel for RISE airdrop by Sunrise. * July 16: Start of the Berlin Web3 Summit, delisting of several tokens by Bybit, and hearing on digital asset tax policy in the US House Committee. * July 17: New partnership announcement from AGI – Delysium and launch of IPO for Plasma project. * July 18: Unlocking of $462 million worth of TRUMP tokens. * July 20: Announcement by DWF Labs CEO about the crypto asset portfolio backing USDF stablecoin.

Key Daily Events

Key events of the week:

July 14: Review of cryptocurrency bills. July 15: Publication of US consumer price index data. July 16: Start of Berlin Web3 Summit and discussion of tax policy. July 17: Partnership announcement from AGI – Delysium. July 18: Unlocking of TRUMP tokens. July 20: Details on USDF stablecoin support.

Economic Situation Analysis

With the rising Bitcoin prices and heightened interest in cryptocurrencies, attention is focused on economic indicators such as the consumer price index and producer price index. Economic events could influence further market movements and investor sentiment. The upcoming publication of the Federal Reserve's Beige Book may also provide additional signals regarding the state of the economy.

The week from July 14 to July 20 promises to be busy for the cryptocurrency market, offering investors a chance to monitor significant events and changes in economic policy.

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