This week, the cryptocurrency market faces many important events that could affect the entire industry. The escalating macroeconomic situation leads to increased volatility.
Cryptocurrency Events Calendar
This week, several key events are expected to impact the cryptocurrency market:
June 30, Monday: * 20:00 Fed/Goolsbee Speaking * 22:00 European Central Bank President Speaking * Ethereum Community Conference * 18:00 Robinhood Announcement
July 1, Tuesday: * ECB Central Bankers Forum (2 days) * 16:30 Powell, Lagarde, Bailey & Ueda Speaking * 17:00 U.S. JOLTS Job Openings (Expectation: 7.3M Previous: 7.391M)
July 2, Wednesday: * 15:15 U.S. ADP Employment Change (Expectation: 80K Previous: 37K)
July 3, Thursday: * U.S. Markets Early Closure * 10:00 Turkey CPI Annual (Expectation: 35.2% Previous: 35.41%) * 14:30 ECB Meeting Minutes * 15:30 U.S. Unemployment Rate (Expectation: 4.3% Previous: 4.2%) * 15:30 U.S. Non-Farm Employment (Expectation: 110K Previous: 139K) * 15:30 U.S. Average Earnings Annual (Expectation: 3.8% Previous: 3.9%) * 16:45 U.S. S&P Services PMI (Expectation: 53.1, Previous: 53.1) * 17:00 U.S. Factory Orders Monthly (Expectation: 8% Previous: -3.7%)
July 4, Friday: * U.S. Markets Holiday
Warning for Cryptocurrency Investors
With the 9 July deadline approaching, key data for the Fed’s July rate decision will be released on Thursday. Although the ultimate decision will be influenced by inflation data on the 15th, notable weakness in employment above expectations might rally more supporters for the 'Fed could cut in July' camp.
News Impact Prospects
At 17:00 today, Trump will talk to Fox News, and we will announce any significant parts of his statements here. Important announcements regarding cooperation with countries such as India, Japan, and South Korea are expected. Additionally, messages from EU officials regarding the U.S.'s recent tariff proposal could have significant consequences for the cryptocurrency market.
Throughout the week, it is crucial to monitor key events and indicators as they may significantly affect price movements in the cryptocurrency space.