Uncover Key Developments Impacting Cryptocurrency Markets This Week

By: cointurk|2025/05/04 06:15:01
0
Share
copy
As with every Sunday, we delve into the significant developments awaiting us in the cryptocurrency landscape. The upcoming week promises intense activity for cryptocurrency enthusiasts, with potential gains and losses on the horizon. Let’s examine which key events are set to unfold, along with their dates and times. Major Developments in Cryptocurrency At the time of writing, Bitcoins price stands at $95,800 according to Binance TR data, and altcoins are painted red. Weak trading volumes and the imminent Federal Reserve interest rate decision have accelerated sell-offs. The delay of interest rate cut expectations by certain financial institutions for June hints that Powell might not adopt a dovish tone on Wednesday. In the coming days, the interest rate decision won’t be the only notable development. Several significant events are on the calendar, detailed below by day. Monday, May 5 The first tariff agreement is expected to be signed within the week, as pointed out by the US Treasury Secretary. 10:00 Turkey Inflation (Expectation: 38%, Previous: 38.1%) 16:45 US S&P Services PMI (Expectation: 51.2, Previous: 51.4) Tuesday, May 6 15:30 US Trade Balance (Expectation: $136.7 Billion, Previous: -$122.7) 19:00 Trump to Meet Carney (Canada) Sonic (S) Summit Wednesday, May 7 17:00 Bessent to Testify at House Panel 21:00 Fed Interest Rate Decision (Expectation: Unchanged) 21:30 Powell to Speak Thursday, May 8 17:00 AI CEOs to Testify at Senate Hearing Friday, May 9 13:15-18:30 Fed’s Williams, Kugler, and Goolsbee to Speak Impact on Cryptocurrencies We mentioned that the signing of the first tariff agreement is anticipated this week, making it extremely important. Cryptocurrency investors will gain confidence if an agreement with a significant partner is reached and formalized. Meanwhile, the Trump-Carney meeting on Tuesday is particularly critical, as the US President, if aiming to be constructive, should present moderate statements to balance fears. On Wednesday, during the Treasury Secretary’s testimony, we expect key statements relating to both the Fed and tariffs. Powell is expected to offer remarks on the evening of the unchanged interest rates, and we will be looking for signals to guide us towards June. It is already certain that we will experience highly active hours for Bitcoin $ 95,882 and altcoins.

-- Price

--

You may also like

Raising interest rates to protect STRC and selling coins to maintain credit, this time the strategy has chosen the two most expensive paths

The rebound in BTC prices can make all problems simple.

Morning Report | Samsung announces a 265.5 trillion won investment plan, focusing on semiconductor and AI computing power data centers; Vitalik publishes an article detailing the entire technology tree behind the confusion protocol (iO) mainline

Overview of Important Market Events on June 29

In the era of AI, what is left of Bitcoin?

AI can generate a fake image, create a fake video, and even forge a person's voice. But it cannot make the entire Bitcoin network acknowledge a non-existent transaction out of thin air.

NeoSoul announced plans to integrate with the OKX Agentic Wallet, promoting AI agents' participation in the on-chain economy

After the integration is complete, the AI entity will be able to manage on-chain assets, pay service fees, and perform related on-chain operations.

Why Is Bitcoin Lagging Stocks in 2026? AI Stocks, ETF Outflows, and the Nasdaq Rally Explained

Stocks are hitting record highs while Bitcoin continues to lag. Discover why AI stocks are attracting institutional capital and what it means for crypto traders.

What you bought on CEX is really not US stocks: Analyzing the 94% liquidation monopoly and the evaporation of equity under a five-layer pipeline

Peeling back its smooth trading interface to examine the underlying legal relationships and settlement processes, you will find that this is far from a simple "RWA asset revolution," but rather a complex game of interests involving spot pricing, rights ownership, and the monopoly of underlying custo...

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com