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Recovery of the Cryptocurrency Market: Bitcoin and Altcoins Rise

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by Giorgi Kostiuk

2 days ago


Last week, the cryptocurrency market showed signs of recovery, with Bitcoin rising by 1.5%. Altcoins also showed significant improvement. Key events in the crypto world are expected in the new week.

Weekly Overview

Bitcoin, the world's largest cryptocurrency, increased its value by 1.5% over the past week. Ethereum showed a significant increase of 5.5%, XRP and BNB rose by 3%, and Solana by 1.72%. Such growth raises interest and may indicate positive sentiment in the market.

Cryptocurrency Event Calendar

Various events in the cryptocurrency sphere are expected next week. On Monday, March 24, Binance will add NIL, and Bithumb will cease trading support for VALOR. On Wednesday, March 26, Celo transitions to Ethereum L2, and Ethereum's testnet Hoodi will enable the Pectra upgrade. On Thursday, March 27, there will be an AI roundtable and Binance's first listing voting event will end. On Friday, March 28, the US consumer price index data will be released.

Main Economic Events

Among important economic events, the UK consumer price index release is scheduled for Wednesday, March 26, and the US GDP data for Thursday, March 27. On Friday, March 28, the US personal consumption expenditure price index data will be announced.

The news week promises to be eventful for both the cryptocurrency market and the global economy. Attention is focused on important announcements and indices that may influence the further course of events.

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