The cryptocurrency market witnessed a sudden and strong bullish wave in Ethereum last week.
The rise continued today, with the ETH price surpassing $4,900 for the first time in its history. Bitcoin, on the other hand, remained stable throughout the week, followed by a decline.
However, a lot of altcoin activity and economic developments are expected in the new week that could affect both Bitcoin and other cryptocurrencies.
Here is the weekly cryptocurrency calendar we have prepared especially for you as Bitcoinsistemi.com.
(All times are stated as UTC+3 Türkiye time)
Monday, August 25th
- WOM, KWENTA – They will be delisted by Bithumb.
- NEO – Binance will terminate deposits to the Neo Legacy network on August 25th and all withdrawals on October 15th due to the network shutdown.
- Korea Blockchain Week will be held in Tokyo from August 25-26.
Tuesday, August 26
- BARD – Lombard will be holding a BARD token sale on Buidlpad from August 26th to September 4th.
Wednesday, August 27
- Nvidia’s earnings call is about to be released. AI-themed altcoins may be affected by this.
Thursday, August 28th
- STRIKE – Will be delisted by Upbit and Bithumb.
- DEGEN – Starting August 28th, DEGEN may make significant changes to tokenomics: likely the final airdrop, full token unlock from the vault, and a move away from inflationary emissions. More details will be shared in Friday’s official blog post.
- 3:30 PM – US Gross Domestic Product (GDP) Quarterly (Expected: 3.0%, Previous: -0.5%)
- 3:30 PM – US Initial Jobless Claims (Expected: 231k, Previous: 235k)
Friday, August 29th
- Deadline for Iran Nuclear Deal.
- 3:30 PM – US Core Personal Consumption Expenditures (PCE) Price Index Annual (Previous: 2.8%)
- 15:30 – US Core Personal Consumption Expenditures (PCE) Price Index Monthly (Expected: 0.3%, Previous: 0.3%)
Analysts say the dollar will remain under pressure as the labor market becomes the Fed’s primary focus, with markets almost entirely expecting a September interest rate cut. Barring a major surprise in employment data, the dollar index is expected to remain weak. The dollar is expected to remain particularly vulnerable against currencies supported by more hawkish central banks.
*This is not investment advice.
