After the last week was calm in terms of both economic data and Bitcoin, the crypto money market entered the week when the FED will announce its interest rate decision.
Here are the developments that Bitcoin and altcoin followers should follow in the new week.
(All times are indicated by UTC+3 Türkiye time)
Tuesday, July 25
After the close, Microsoft, Google and Visa will release the earnings report.
Wednesday, July 26
- After the close, Meta will release its earnings report.
- 21:00 – FED interest rate decision will be announced. (Expected: 25bps increase)
- 21:30 – Fed Chairman Jerome Powell will speak at the US Federal Open Market Committee (FOMC) Press Conference.
- The House of Representatives Financial Services Committee, whose vote was delayed last week, will vote on cryptocurrency legislation.
Thursday, July 27
- 15:15 – European Central Bank Monetary Policy Statement
- 15:15 – Euro Zone Interest Rate Decision (Expected: 25 basis points increase)
- 15:30 – US Gross Domestic Product (GDP) Quarterly (Exp.: 1.8%, Previous: 2%)
- 15:30 – US Initial Jobless Claims (Expected: 233k, Previous: 228k)
- 15:45 – European Central Bank Press Conference
- 17:15 – European Central Bank President Lagarde to Speak
Friday, 28 July
- 15:30 – US Core Personal Consumption Expenditures (PCE) Price Index Monthly (Exp. 0.2%, Previous: 0.3%)
- 15:30 – US Core Personal Consumption Expenditures (PCE) Price Index Annually
*Not investment advice.
