As a busy week begins on the US economic calendar, Bitcoin recorded its highest weekly close in history at around $106,500. However, global economic uncertainties and critical data releases raise questions about the sustainability of this momentum. At the time of writing, Bitcoin is trading around $103,000. US-China trade talks, Fed policies, and developments in altcoin projects could increase volatility in the crypto market. Here are the key news events that may impact the crypto market from May 19 to 25, 2025:
May 19, Monday
- Coinbase was included in the S&P 500 index on May 19, 2025.
- Eurozone annual inflation rate announced at 2.2%.
(Expected: 2.2%, Previous: 2.2%)
May 20, Tuesday
- Pyth Network (PYTH) unlock event to take place.
Unlocked amount: 2.13 billion tokens
Value: $333.86 million
Market cap ratio: 58.3%
May 21, Wednesday
- Solana (SOL) developer conference. New ecosystem projects or partnerships may support SOL price.
- S&P Global Manufacturing and Services PMI Preliminary Data (May 2025). These figures will reflect economic activity in the US. Manufacturing PMI is expected to rise from 50.2 to 50.5, Services PMI from 50.8 to 51.0.
May 22, Thursday
- Bitcoin Pizza Day event.
- Gala dinner hosted by US President Donald Trump, exclusively for the largest 220 $TRUMP coin holders.
- 12:30 (UTC): US Unemployment Claims. (Expected: 227k, Previous: 229k).
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