This week in the cryptocurrency market, a major drop hit Bitcoin and altcoins. Similarly, gold and silver prices, which had recently experienced sharp rallies, also suffered a significant correction this week.
Bitcoin’s price has experienced a significant drop of 10% in the last week. Among altcoins, Ethereum suffered a very serious 17% decrease. Major cryptocurrencies like BNB and XRP lost 12% of their value, while Solana dropped 15%.
However, there are numerous economic developments and altcoin events that could affect Bitcoin and altcoins in the new week. Here is the weekly cryptocurrency calendar we have prepared for you at Bitcoinsistemi.com.
(All times are given in UTC+3 Turkish time)
Monday, February 2
SWARMS – Framework v9.0.0 update will be released.
A meeting will be held between US President Donald Trump, Coinbase, and industry leaders regarding the Clarity Act.
Tuesday, February 3
- Palantir’s earnings report will be released.
- The CHZ – CHZ Vision 2030 summit will be held.
- ONDO – The Ondo Summit will take place.
- LDO – Lido Finance V3 will be released.
Wednesday, February 4th
- STABLE – Mainnet update will be performed.
- ELIZAOS – Deadline for network migration.
- There is an expectation of a trade agreement between the US and the European Union.
- 13:00 – Euro Area Consumer Price Index (CPI) Annual (Expected: 1.8%, Previous: 1.9%)
- 16:15 – US ADP Non-Farm Payrolls Change (Expected: 48k, Previous: 41k)
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Thursday, February 5
- HNT – Helium will be hosting a live meeting.
- MicroStrategy’s earnings report will be released.
- 15:00 – The Bank of England will announce its interest rate decision. The expectation is that interest rates will remain unchanged.
- 16:15 – The European Central Bank will announce its interest rate decision. The expectation is that interest rates will remain unchanged.
- 16:30 – US Initial Jobless Claims (Expected: 213k, Previous: 209k)
- 16:45 – The European Central Bank will hold a press conference.
Friday, February 6
- LINK – Converge Hackathon will be held.
- 16:30 – US Average Hourly Earnings (Expected: 0.3%, Previous: 0.3%)
- 16:30 – US Non-Farm Payrolls (Expected: 67k, Previous: 50k)
- 16:30 – US Unemployment Rate (Expected: 4.4%, Previous: 4.4%)
*This is not investment advice.
Continue Reading: Watch Out: Entering a Very Critical Week – Numerous Economic Developments and Altcoin Events – Here’s the Day-by-Day, Hour-by-Hour List
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