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Watch Out: Critical Week Ahead – Here is a Day-by-Day, Hour-by-Hour List of Things to Watch This Week

Watch Out: Critical Week Ahead – Here is a Day-by-Day, Hour-by-Hour List of Things to Watch This Week

Bitcoinsistemi2024/08/12 11:18
By: Mete Demiralp
BTC+2.08%ALEX0.00%CORE+7.13%
The cryptocurrency market will struggle to cope with the impact of a lot of economic data this week. Here is the cryptocurrency calendar.

The cryptocurrency market seems to be healing from the wounds of the big drop last week, however, Bitcoin and altcoins have not yet reached their pre-drop levels.

Some analysts, including il Capo, one of the most well-known names in the cryptocurrency market, believe that the BTC price will bounce from the current level, but rising geopolitical risks in the world lead other analysts to think differently.

On the other hand, there will be many new developments in the new week that may affect the cryptocurrency market. Here is the weekly cryptocurrency calendar that we have prepared specially for you as Bitcoinsistemi.com.

(All times are stated as UTC+3 Türkiye time)

Monday, August 12

APT – A token unlock of approximately $80 million will be performed.

Tuesday, August 13

15:30 – US Producer Price Index (PPI) Monthly (Expected: 0.2%, Previous: 0.2%)

20:15 – FOMC member Bostic will make his speech.

Wednesday, August 14

FLOW – Crescendo Testnet launch

SAND – A token unlock of approximately $70 million will be held.

15:30 – US Core Consumer Price Index (CPI) Monthly (Expected: 0.2%, Previous: 0.1%)

15:30 – US Consumer Price Index (CPI) Monthly (Expected: 0.2%, Previous: -0.1%)

15:30 – US Consumer Price Index (CPI) Annual (Expected: 3%, Previous: -3%)

Thursday, August 15

ALEX – XBTC and XUSD integration will be realized.

15:30 – US Initial Jobless Claims (Expected: 235k, Previous: 233k)

20:10 – FOMC member Harker will speak.

Related News Justin Sun Issues Statement on Altcoin Allegedly Seized by Him

Friday, August 16

ARB – Approximately $60 million worth of tokens will be unlocked.

UNI – Approximately $60 million worth of tokens will be unlocked.

FTT – FTX refund process vote

*This is not investment advice.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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