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Significant economic events and altcoin activities scheduled for the next week could influence the bitcoin market. To negotiate any market turbulence and take advantage of possibilities, investors and traders should be updated about these happenings.
Economic Developments
Key economic reports and decisions, including interest rate announcements, inflation data, and employment figures from big economies such as the U.S., Eurozone, and China, will be presented this week. These signals might have a big impact on world financial markets and, hence, the bitcoin industry.
Altcoin Events
Several altcoin projects are set to launch updates, new features, or token listings that could drive price movements. From protocol upgrades to major partnerships, these events are critical for traders focusing on specific altcoins.
Day-by-Day Breakdown
Monday, August 26
- A press conference will be held regarding the situation of Telegram founder Pavel Durov.
- STRK – V0.13.2 mainnet update will be made.
- Wednesday, August 28
- NVDA is to release its earnings report.
Thursday, August 29th
- 12:30 – US Gross Domestic Product (GDP) Quarterly (Expected: 2.8%, Previous: 2.8%)
- 12:30 – US Initial Jobless Claims (Expected: 234k, Previous: 232k)
- 19:30 – FED member Bostic will speak.
Friday, August 30
- MAGIC – Treasure Chain mainnet launch will take place.
- WLD – Will release layer 2 chain by the end of the month.
- AERGO – V4 Hardfork will be made.
- STX – Nakamoto update will be launched.
- 09:00 – Eurozone Consumer Price Index (CPI) Annual (Expectation: 2.2%, Previous: 2.6%)
- 12:30 – US Core Personal Consumption Expenditures (PCE) Price Index Monthly (Previous: 0.2%)
- 12:30 – US Core Personal Consumption Expenditures (PCE) Price Index Annual (Previous: 2.6%)
All times are stated as UTC.
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