Crypto and Economic News Impacting Markets This Week!

Yeliz Akmaca — Mon, 04 Aug 2025 08:00:16 +0000

As we enter the new week, critical developments that could affect both the crypto market and global risk appetite are on the agenda. Especially inflation data from Turkey, Solana’s hardware move, and geopolitical developments will be on investors’ radar.

Monday – August 4, 2025

Solana Seeker Phone Deliveries

Solana’s mobile device, Seeker, will be delivered to users this week.
This hardware aims to increase mobile Web3 usage within the Solana ecosystem and may impact the ecosystem token, $SOL.

$DYDX Community Treasury Vote

The DYDX community is starting an important governance vote on how to use treasury funds.
Such DAO-based processes have the potential to affect the token’s decentralization and long-term vision.

Wednesday – August 6

Panel discussion with Fed Board Member Lisa Cook and Boston Fed President Susan Collins.

Thursday – August 7, 2025

Customs tariffs announced by the US come into effect.
The renewed risks of trade wars may cause volatility in global markets, risky assets, and crypto.

Friday – August 8, 2025

The temporary ceasefire period proposed by US President Donald Trump for Russia-Ukraine ends.
At this critical juncture, alternative assets like gold and Bitcoin may stand out as safe havens amid rising geopolitical tensions.

Weekly Summary

This week promises to be eventful for markets. Investors are closely watching both Fed communications and geopolitical risks. Additionally, developments in Solana and other projects remain in focus.

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