Wednesday

April

Change

Coin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/key-developments-in-the-crypto-and-financial-markets-this-week/" data-wpel-link="internal">Key Developments in the Crypto and Financial Markets This Week</a><br></p>
<p style="text-align: justify">After a long break, we are entering another week where investors will be on edge due to the Federal Reserve’s decisions. This week is extremely crucial. Following the latest data that shook risk markets, whether the Fed will change its stance or adopt a new strategy is keenly awaited by investors. Of course, the Fed meeting isn’t the only significant event. So, what’s happening this week?</p> 
<h2 style="text-align: justify" id="significant-developments-in-cryptocurrencies">Significant Developments in Cryptocurrencies</h2> 
<p style="text-align: justify">The biggest event of the week is the <strong>Fed meeting</strong>, and below you can see the details of other key developments expected on other days of the week. The <strong>U.S. economy</strong> did not grow as expected, and inflation is rising. Interest rate pressures are seriously affecting economic growth while failing to remedy inflation.</p> 
<p style="text-align: justify">Now, let’s take a look at what will interest investors over the next 7 days, as we do every Sunday.</p> 
<h3 style="text-align: justify" id="april-29-monday">April 29, Monday</h3> 
<ul style="text-align: justify"> 
 <li>OP Key Opening ($63.7 Million)</li> 
</ul> 
<h3 style="text-align: justify" id="april-30-tuesday">April 30, Tuesday</h3> 
<ul style="text-align: justify"> 
 <li>12:00 EU CPI (Expectation: 2.4%)</li> 
 <li>17:00 US CB Consumer Confidence (Expectation: 104 Previous: 104.7)</li> 
 <li>Former <a href="https://en.coin-turk.com/binance-adds-new-trading-pairs-to-binance-spot-and-introduces-fdusd-stablecoin/" data-wpel-link="internal">Binance</a> CEO CZ’s Penalty to be Announced</li> 
 <li>PRIME Coin ($30 Million)</li> 
 <li>SUI ($5 Million)</li> 
 <li>MANTA ($3.4 Million)</li> 
</ul> 
<h3 style="text-align: justify" id="may-1-wednesday">May 1, Wednesday</h3> 
<ul style="text-align: justify"> 
 <li>15:15 US ADP Non-Farm Employment Change (Expectation: 179K Previous: 184K)</li> 
 <li>16:45 US Manufacturing PMI (Expectation: 49.9 Previous: 51.9)</li> 
 <li>17:00 US Job Openings and Labor Turnover Survey (JOLTS) (Expectation: 8,680M Previous: 8,756M)</li> 
 <li>21:00 Fed Interest Rate Decision</li> 
 <li>21:30 Fed Chairman Powell to Speak After the Decision</li> 
 <li>THETA EdgeCloud to be Launched</li> 
 <li>DYDX ($72 Million)</li> 
 <li>ZETA ($6.7 Million)</li> 
 <li>ENA ($46 Million)</li> 
</ul> 
<h3 style="text-align: justify" id="may-2-thursday">May 2, Thursday</h3> 
<ul style="text-align: justify"> 
 <li>15:30 US Unemployment Claims (Expectation: 212K Previous: 207K)</li> 
 <li><a href="https://en.coin-turk.com/shiba-inu-price-prediction-will-shib-rise-in-october/" data-wpel-link="internal">Shibarium</a> Hard Fork</li> 
</ul> 
<h3 style="text-align: justify" id="may-3-friday">May 3, Friday</h3> 
<ul style="text-align: justify"> 
 <li>10:00 Turkey Inflation Data (Previous: 68.5%)</li> 
 <li>15:30 US Average Hourly Earnings (Expectation: 0.3%)</li> 
 <li>15:30 US Non-Farm Employment (Expectation: 243K Previous: 303K)</li> 
 <li>15:30 US Unemployment Rate (Expectation: 3.8%)</li> 
 <li>MEME Coin ($150 Million)</li> 
</ul> 
<h3 style="text-align: justify" id="may-4-saturday">May 4, Saturday</h3> 
<ul style="text-align: justify"> 
 <li>02:45 Fed/Goolsbee to Speak</li> 
 <li>02:45 FOMC Member Williams to Speak</li> 
</ul> 
<h3 style="text-align: justify" id="may-5-sunday">May 5, Sunday</h3> 
<ul style="text-align: justify"> 
 <li><a href="https://en.coin-turk.com/forget-all-xrp-price-predictions-revealed-the-ultimate-target/" data-wpel-link="internal">XRP</a> Las Vegas Event</li> 
</ul> 
<h2 style="text-align: justify" id="what-to-watch-out-for">What to Watch Out For?</h2> 
<p style="text-align: justify">Wednesday and Friday could increase volatility in crypto this week. After the Fed meeting, investors will look for clues in Powell’s previous statements about future meetings. Whether Powell’s expectations for employment easing for interest rate cuts will be met will be clear with Friday’s data. On the other hand, major key openings could cause price fluctuations in altcoins.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-345470" src="https://coin-turk.com/wp-content/uploads/2024/04/BTCUSDT_2024-04-28_08-17-56.png" alt="" width="1814" height="836"></p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/key-developments-in-the-crypto-and-financial-markets-this-week/" data-wpel-link="internal">Key Developments in the Crypto and Financial Markets This Week</a></h5>

Key Developments in the Crypto and Financial Markets This Week

Table of Contents

COINTURK NEWS

Other articles published on Apr 28, 2024

Altcoins Poised for Massive Gains Against Bitcoin (BTC) in 2024: Here’s Why

Solana Co-Founder Backs Meme Coins, Takes a Swipe at Buterin

Bitcoin Surges Above $64,000 as Altcoins Seek Recovery

BlockDAG’s $30M Presale & Moon-shot Keynote Draw Investors Amid Dogecoin Tesla Update & Avalanche...

This Bearish Indicator Could Signal Start of Major Bitcoin Price Downturn

What Is Songbird Crypto (SGB)? Basics And Price Forecast Of SGB

Join our free newsletter for daily crypto updates!