This week is packed with key network upgrades, legal proceedings, and major economic data. How will the markets react? Let’s dive in.
Especially noteworthy are Terra Luna founder Do Kwon’s U.S. trial, China’s new tariff implementation, and the release of FOMC minutes—all of which could significantly impact both traditional and crypto markets.
Inflation metrics such as CPI and PPI may influence expectations around the Fed’s rate path. Additionally, FTX’s creditor distribution and the SEC’s digital asset task force meeting are also likely to be closely watched by investors.
What to Watch This Week & Potential Market Impact
We’ve compiled the most important events to watch this week. These developments in both global economics and the crypto space could bring both opportunities and risks. Here’s a breakdown of the top events:
Tuesday, April 8 – Syscoin’s Nexus Upgrade
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The Syscoin (SYS) network will undergo its “Nexus” upgrade.
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Improved network efficiency may drive increased interest in the $SYS token.
Wednesday, April 9 – Neutron Upgrade & FOMC Minutes
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Neutron (NTRN) will implement the “Mercury” network upgrade.
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A successful upgrade could positively influence $NTRN’s price movement.
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FOMC Meeting Minutes will be released.
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Investors will look for clues about the Fed’s policy stance, potentially triggering market volatility.
Thursday, April 10 – Do Kwon’s Trial, CPI, Jobless Claims, and China Tariffs
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Terra Luna founder Do Kwon will stand trial in the U.S.
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The outcome may have direct implications for LUNA and Terra ecosystem assets.
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U.S. Yearly CPI data will be published. (Forecast: 2.6% | Previous: 2.8%)
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A higher-than-expected inflation print could delay Fed rate cuts, impacting markets broadly.
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U.S. Initial Jobless Claims will also be released. (Forecast: 223K | Previous: 219K)
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Labor market conditions could further influence investor sentiment.
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China to implement 34% additional tariffs on U.S. goods.
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Rising trade tensions may weigh on market risk appetite.
Friday, April 11 – SEC Meeting, PPI, BlackRock Earnings & FTX Distribution
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The SEC will hold its first meeting of the Digital Assets Task Force.
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Regulatory developments could add pressure to the crypto market in the short term.
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U.S. Yearly PPI report to be released. (Forecast: 3.3% | Previous: 3.2%)
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Continued inflationary pressures may affect Fed rate outlook.
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BlackRock will publish its earnings report.
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Results could influence global investor sentiment and broader financial markets.
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FTX to begin distributions for users with balances over $50,000.
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This marks a major milestone in the bankruptcy process and could impact user confidence.
In summary, this week’s mix of economic data, network upgrades, and legal developments could drive significant volatility in crypto markets. Investors should monitor events closely and adjust strategies accordingly.
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