BTC$BTC Key Events in the Crypto Market This Week
This week in the crypto market is shaping up to be eventful with new listings, network upgrades, and significant macroeconomic developments that could influence market movements. Here's a rundown of what to expect:
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Monday, March 18
CME will launch $SOL futures trading.
Conflux Network ($CFX) and Ronin Network ($RON) will undergo network upgrades.
NVIDIA kicks off the GTC 2025 AI conference.
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Tuesday, March 19
Solv Protocol ($SOLV) will begin using unclaimed tokens for BTC reserves.
Binance will delist $BNX due to rebranding and relist it as $FORM on Friday.
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Wednesday, March 20 – Major Macroeconomic Events
Bank of Japan interest rate decision (Expected: 0.5%).
Eurozone annual inflation rate (CPI) announcement (Expected: 2.4%).
FED interest rate decision (Expected: 4.5%).
FED Chair Powell’s press conference, potentially influencing market sentiment.
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Thursday, March 21
BNB Chain ($BNB) will launch the Pascal hard fork on the mainnet.
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Token Unlocks – Potential Sell Pressure Ahead
Several significant token unlocks are scheduled for this week, which may lead to increased selling pressure for certain assets.
March 18 (Monday)
$WLD: 3.42M tokens (~$5M)
$GRT: 88.41M tokens (~$8M)
$SOLV: 176.33M tokens (~$8M)
$APE: 15.60M tokens (~$8M)
March 21 (Friday)
$IMX: 27.31M tokens (~$15M)
$AVAX: 1.67M tokens (~$32M)
March 22 (Saturday)
$ID: 78.49M tokens (~$19M)
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This week is full of crucial events that could influence the crypto market. The FED rate decision and Powell's press conference will be closely watched, potentially impacting overall market sentiment. Additionally, network upgrades and futures launches could drive volatility in specific assets, while the large token unlocks might create selling pressure. Traders should stay cautious and informed.
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