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- The cryptocurrency market is preparing for a week filled with numerous altcoin events and economic developments.
- The crypto market has experienced significant losses in the past week, with Bitcoin losing about 4%, Ethereum 7%, and Dogecoin 11% in value.
- Despite these losses, there are several events in the coming week that could impact the crypto market.
Explore the upcoming events and economic developments that could shape the crypto market in the coming week.
May 13, Monday
BounceBit (BB) will be listed on Binance.
May 14, Tuesday
At 15:30, the U.S. Producer Price Index (PPI) Monthly (Expectation: 0.3%, Previous: 0.2%) will be released. At 17:00, Federal Reserve Chairman Jerome Powell will speak. The Google I/O Conference might introduce new features.
May 15, Wednesday
AEVO will unlock a token event worth $1.2 billion. XEC and BCH will undergo network updates. The identities of the buyers of Bitcoin Spot ETFs will be clarified with the publication of the “SEC 13-F Filings”. At 15:30, the U.S. Core Consumer Price Index (CPI) Monthly (Expectation: 0.3%, Previous: 0.4%) will be released, along with the U.S. Consumer Price Index (CPI) Annual (Expectation: 3.4%, Previous: 3.5%) and the U.S. Consumer Price Index (CPI) Monthly (Expectation: 0.4%, Previous: 0.4%).
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May 16, Thursday
The SEC will host the Emerging Trends Conference. At 15:30, the U.S. Initial Unemployment Claims (Previous: 231k) will be released.
May 17, Friday
STRK will launch the Starknet incentive program.
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Conclusion
The coming week promises to be eventful for the crypto market with various altcoin events and economic developments. These events could potentially influence the market’s direction and offer new opportunities for investors.
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