
2024-08-01 12:00:01
Hey there! 👋
After an extremely hot week for the market, it looks like Bitcoin is taking a short breather. But there’s no time to relax for us. Here’s what’s coming up this week 👇
📈 Crypto market overview
🔸 Following Bitcoin’s breakout, BTC dominance has started to decline rapidly, down over 6% this week.
🔸 This has slightly revived $ETH, which had been on a downward trend for the past six months.
🔸 Historically, Ethereum’s resurgence has often marked the beginning of an altseason. Could it finally be that time?
📅 Economic calendar
🔸 Among the key events this week is an upcoming speech by FED Chair Powell. His remarks will be especially important given Trump’s recent public criticism, calling for aggressive interest rate cuts.
🔸 The ECB will hold an interest rate meeting. The rate is expected to stay at 2.15%.
🔓 Altcoin unlocks
🔸 July 21: Plume Network to unlock 3.25% of $PLUME’s market cap
🔸 July 26: Sahara to release 4.13% of $SAHARA’s MC
🔸 July 27: Ronin to unlock 4.83% of $RON’s MC
After an extremely hot week for the market, it looks like Bitcoin is taking a short breather. But there’s no time to relax for us. Here’s what’s coming up this week 👇
📈 Crypto market overview
🔸 Following Bitcoin’s breakout, BTC dominance has started to decline rapidly, down over 6% this week.
🔸 This has slightly revived $ETH, which had been on a downward trend for the past six months.
🔸 Historically, Ethereum’s resurgence has often marked the beginning of an altseason. Could it finally be that time?
📅 Economic calendar
🔸 Among the key events this week is an upcoming speech by FED Chair Powell. His remarks will be especially important given Trump’s recent public criticism, calling for aggressive interest rate cuts.
🔸 The ECB will hold an interest rate meeting. The rate is expected to stay at 2.15%.
🔓 Altcoin unlocks
🔸 July 21: Plume Network to unlock 3.25% of $PLUME’s market cap
🔸 July 26: Sahara to release 4.13% of $SAHARA’s MC
🔸 July 27: Ronin to unlock 4.83% of $RON’s MC