The cryptocurrency market has seen a notable rally this week on expectations of a Fed rate cut on Wednesday, and at the time of writing, the price of the world’s largest cryptocurrency, Bitcoin, is hovering above $60,000.
BTC has gained 11.58% in value in the last week.
The Fed will make its interest rate decision on Wednesday, and the odds of a 25 to 50 basis point cut seem 50/50.
In addition to this, there will be many other developments in the new week. 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, September 16
- ARB – Arbitrum will experience a $57 million token unlock.
Tuesday, September 17
- Donald Trump and his sons’ cryptocurrency project, World Liberty Financial, is set to launch.
Wednesday, September 18th
- Token2049 will be launched in Singapore.
- The US House of Representatives Committee will hold cryptocurrency hearings.
- SHIB – Shiba Inu ecosystem to launch liquid staking.
- 12:00 – Euro Zone Consumer Price Index (CPI) Annual (Expectation: 2.2%, Previous: 2.2%)
- 21:00 – The US Federal Open Market Committee (FOMC) Economic Forecasts will be released.
- 9:00 PM – FOMC will release official statement.
- 21:00 – FED will announce its interest rate decision. (Expectation: 25 basis point discount)
- 21:30 – FED Chairman Jerome Powell will hold a press conference.
Thursday, September 19
- LUNA, LUNC, USTC – Terraform Labs Chapter 11 bankruptcy hearing to be held.
- 14:00 – The UK will announce its interest rate decision. (Expectation is that interest rates will remain stable)
- 15:30 – US Initial Jobless Claims (Expected: 232k, Previous: 230k)
Friday, September 20
- SOL – The Solana Breakpoint event begins.
- DUSK – Dusk mainnet launch will be held.
- 06:00 – The Bank of Japan will announce its interest rate decision. (The expectation is that interest rates will remain stable)
Saturday, September 21
- SEC decision deadline for Bitcoin ETF options.
*This is not investment advice.
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Source: https://en.bitcoinsistemi.com/watch-out-huge-week-ahead-significant-events-in-economic-data-and-altcoins-heres-the-calendar-to-follow/