Critical Week Ahead: Numerous Economic Developments and Altcoin Events Impacting Crypto Market – Detailed Daily Schedule for Bitcoin (BTC) and Altcoins

BTC

BTC/USDT

$89,652.47
-0.38%
24h Volume

$15,519,711,872.05

24h H/L

$90,340.00 / $88,515.37

Change: $1,824.63 (2.06%)

Long/Short
73.4%
Long: 73.4%Short: 26.6%
Funding Rate

+0.0020%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$89,973.94

0.46%

Volume (24h): -

Resistance Levels
Resistance 3$97,924.49
Resistance 2$92,960.83
Resistance 1$91,021.48
Price$89,973.94
Support 1$89,126.83
Support 2$86,734.99
Support 3$84,681.20
Pivot (PP):$89,837.79
Trend:Downtrend
RSI (14):45.0
(03:58 PM UTC)
2 min read

Contents

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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%).

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.

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.

SC

Sarah Chen

COINOTAG author

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