After a week where the prices of Bitcoin and other cryptocurrencies generally showed an upward trend, crypto investors focused on the economic developments to be monitored in the following week.
As you know, with the banking crisis in the USA, the price of Bitcoin has exceeded 28,000 dollars this week.
Here are the important economic data that cryptocurrency investors should closely monitor this week.
March 20, Monday
17:00 - European Central Bank President Lagarde will speak
19:00 - European Central Bank President Lagarde will speak again
The process that began after Credit Suisse faced a very difficult financial situation in Europe continues to be on the agenda due to concerns that the crisis may spread to other European banks.
The speeches of European Central Bank President Lagarde will be closely monitored for this reason.
March 21, Tuesday
15:30 - European Central Bank President Lagarde will speak
18:30 - European Central Bank Supervisory Board President Andrea Enria will speak
March 22, Wednesday
11:45 - European Central Bank President Lagarde will speak
21:00 - FED Interest Rate Decision (Expectation: 25 Basis Points Interest Rate Increase)
21:30 - US Federal Open Market Committee (FOMC) Press Conference: Jerome Powell will speak after the interest decision
Due to the transition to daylight saving time in the USA, this week the FED's interest announcement and FED President Jerome Powell's speech will take place at 21:00 and 21:30 instead of 22:00 and 22:30. It is beneficial for cryptocurrency followers to pay attention to this.
March 23, Thursday
15:30 - US Initial Jobless Claims (Expectation: 199,000, Previous: 192,000)
*This is not an investment advice.
Source: www.bitcoinsistemi.com