Market Cap: $3.3026T 0.250%
Volume(24h): $88.7887B 4.230%
  • Market Cap: $3.3026T 0.250%
  • Volume(24h): $88.7887B 4.230%
  • Fear & Greed Index:
  • Market Cap: $3.3026T 0.250%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$105660.503371 USD

0.08%

ethereum
ethereum

$2495.659205 USD

-0.75%

tether
tether

$1.000503 USD

-0.01%

xrp
xrp

$2.246230 USD

3.27%

bnb
bnb

$650.510663 USD

0.05%

solana
solana

$151.975391 USD

1.31%

usd-coin
usd-coin

$0.999922 USD

-0.01%

dogecoin
dogecoin

$0.182596 USD

-0.78%

tron
tron

$0.283540 USD

-1.07%

cardano
cardano

$0.665910 USD

0.95%

hyperliquid
hyperliquid

$35.388743 USD

1.47%

sui
sui

$3.218472 USD

-0.93%

chainlink
chainlink

$13.729857 USD

-0.67%

avalanche
avalanche

$20.700353 USD

1.21%

unus-sed-leo
unus-sed-leo

$9.242919 USD

0.14%

Cryptocurrency News Articles

This week is packed with key events that could have an impact on the crypto sector

May 05, 2025 at 10:47 pm

This week is packed with key events that could have an impact on the crypto sector. Don't miss out—here's what you need to know.

This week is packed with key events that could have an impact on the crypto sector

This week, several events in the U.S. could have a key impact on the crypto sector.

Here’s a rundown of the events to watch out for.

May 7 – Fed Interest Rate Decision, Ether’s Pectra upgrade

This week, all eyes are on the Fed’s interest rate decision, which would affect the market sentiment across the financial and crypto sector.

The Fed is expected to keep the interest rates unchanged at 4.25- 4.5%. While inflation could push the Fed to keep rates steady, President Trump’s push for a rate cut could influence the decision. Trump, in a recent post, pointed to strong jobs data and falling prices as reasons for a rate cut. He also credited his tariff policy for bringing in billions.

All Eyes on Fed Chair’s Comments

However, there’s something more important than the rate decision itself that investors and analysts will be watching closely: What the Fed Chair has to say. Specifically, any comments on U.S. tariff policies are highly expected from Powell.

In its last meeting, it noted steady economic growth, low unemployment, and a strong job market. However, inflation remained high, and the uncertainty had also increased. Bitcoin dropped slightly after the last Fed rate update, falling from over $84,000 to around $83,500.

The Fed has five meetings remaining on its 2025 calendar. On the same day, Ethereum’s Pectra upgrade is all set to go live, which will impact Ether’s price. It includes 11 improvements, mainly focused on making wallet use and recovery easier, and raising the maximum stake for one node from 32 ETH to 2048 ETH.

May 8 – US Initial Jobless Claims

The US initial jobless claims will provide fresh insights into the labor and market health.

The report, set to release at 12:30 ET (16:30 GMT) on Thursday, shows how the US job market is performing. Fewer jobless claims would mean that the economy is strong, while more claims would indicate the economy is weak.

May 13, 15 – US CPI and PPI Data

The US CPI will come in on May 13, and on May 15, the PPI report is scheduled. Both reports will be closely watched as key inflation signals by both traders and policymakers.

The Consumer Price Index (CPI) dropped by 0.1% in March, while Core CPI, which excludes food and energy, rose just 0.1%. Bitcoin had climbed slightly above $82,000 over the news.

The recent PPI report on April 11, 2025, showed a 0.4% month-over-month decline. Bitcoin rose 4%, reaching $82,500 following the data.

Bitcoin dropped below $94,000 ahead of the Fed decision. It has dropped 3% over the weekend, from $96,926 to $94,162, and could drop to $92K next.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Jun 09, 2025