There have been many major events in the cryptocurrency circle after May Day. Pay close attention to these three things!

Just after the May Day holiday, the cryptocurrency circle will usher in a series of major events. These three major events will directly affect the trend of the cryptocurrency market. Investors must keep a close eye on them!

On May 6, the draft of the Digital Asset Law was released. This is a milestone event in the cryptocurrency circle! The release of the first formal bill will set the tone for the development of the industry. The future regulatory direction and compliance standards may be determined by this. The impact on the entire cryptocurrency ecosystem is immeasurable. Whether it is the project party, investors or trading platforms, they will face a new pattern.

On May 7, the Ethereum mainnet was upgraded. V God made another move, which is undoubtedly a key turning point in the development of Ethereum. Can this upgrade help Ethereum return to its peak and challenge its historical high again? The market is full of expectations for this. Every change in Ethereum may trigger violent fluctuations in the cryptocurrency circle, and will also bring new opportunities and challenges to investors.

On May 8, the Federal Reserve announced its interest rate decision in June. Will it cut interest rates or remain unchanged? This has become the focus of the market. Judging from the current data, it is more likely to remain unchanged, but after Trump took office, many policies are subject to change. How can the US solve the debt problem of 6.5 trillion? This is not only related to the direction of the US economy, but will also have a profound impact on the global financial market, especially the cryptocurrency circle. Changes in interest rates often lead to changes in the flow of funds, which in turn affect the capital and market trends of the cryptocurrency circle.

The cryptocurrency circle has always been volatile and full of uncertainty. How will these three major events affect the cryptocurrency market? Will it bring a new dawn of a bull market, or will it trigger a new round of shock adjustments? Let us wait and see, and keep a close eye on these three things, and perhaps we can get an insight into the future trend of the cryptocurrency circle in advance.