Yeliz Akmaca 
Crypto markets are navigating the final week of July amid global macroeconomic data and the U.S. Federal Reserve (FED) interest rate decision. Increased volatility is expected, especially for assets like Bitcoin and Ethereum. Here’s a summary of key events investors should closely monitor this week.
Wednesday, July 30 – The Most Important Day of the Week
2:00 PM ET – FED Interest Rate Decision
The U.S. Federal Reserve will announce its interest rate decision for July. The expectation is that rates will remain unchanged. However, the guidance and economic assessments in the statement will be highly significant.
2:30 PM ET – FED Chair Powell’s Press Conference
Powell’s comments could be decisive for market pricing. Messages such as “higher rates for longer” or “economic softening” may cause sharp moves in the crypto market.
The White House will also release its cryptocurrency policy report.
Other Key Data Releases
Tuesday, July 29
10:00 AM ET – U.S. Consumer Confidence (July)
Expectation: 96.0 | Previous: 93.0
An increase in consumer confidence could signal economic vitality and impact risk assets.
Wednesday, July 30
8:15 AM ET – ADP Private Sector Employment (July)
Expectation: 80K | Previous: -33,000
Labor market recovery may influence FED policies.
8:30 AM ET – U.S. GDP (Q2)
Expectation: 2.3% | Previous: -0.5%
Positive growth data may support risk assets, including crypto.
Thursday, July 31
8:30 AM ET – Core PCE (June)
Annual Expectation: 2.7% | Previous: 2.7%
PCE is a key inflation gauge for the FED and will influence monetary policy outlook.
- Friday, August 1
8:30 AM ET – U.S. Nonfarm Payrolls (July)
Expectation: 109,000 | Previous: 147,000 - 8:30 AM ET – Unemployment Rate (July)
Expectation: 4.2% | Previous: 4.1% - 8:30 AM ET – Average Hourly Earnings (July)
Expectation: 0.3% | Previous: 0.2%
Weakening labor market data could alter expectations for future FED rate moves. - Trump administration’s country-specific tariffs will officially take effect on August 1.
With growth, inflation, and employment data alongside the FED decision, this week could set the direction for crypto markets. High volatility is especially expected on Wednesday. Investors should carefully adjust their positions based on announcements.
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