👉👉Important Developments of the Week for Bitcoin and Cryptocurrency Investors 👈👈

Important Dates and Developments That Could Affect Financial Markets This Week

Following macroeconomic developments is as important as technical analysis in the cryptocurrency market. We have compiled all critical events that could impact financial markets between May 5-12.

May 6, Tuesday

The U.S. House of Representatives Financial Services Committee will hold a session on digital assets.

May 7, Wednesday

The Ethereum (ETH) Pectra upgrade will be carried out.

The U.S. Federal Reserve will announce its interest rate decision. (UTC+3 21:00) (Expectation: 4.5%, Previous: 4.5%)

U.S. Federal Reserve Chairman Jerome Powell will give a speech. (UTC+3 21:00)

May 8, Thursday

Coinbase will announce its first quarter earnings report.

U.S. Initial Jobless Claims will be announced. (UTC+3 15:30) (Expectation: 232k, Previous: 241k)

Developments on these dates may play a significant role in determining the direction of financial markets.

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