The cryptocurrency sector buzzed with anticipation this week as Bitcoin’s price ascended past $73,000, tantalizingly close to setting a new all-time high price record. However, the digital currency fell short of this milestone, experiencing a downturn from this peak. Furthermore, assets in the altcoin realm also failed to meet expectations.
Nevertheless, the forthcoming week holds promise in the form of numerous altcoin events and economic developments poised to impact the cryptocurrency world significantly.
So, without further ado, let’s delve into the cryptocurrency calendar for the upcoming week, prepared exclusively for you by Bitcoinsistemi.com. Please note, all times mentioned are in accordance with UTC+3 Türkiye time.
On Monday, November 4th, we kick off the week with the Singapore Digital Assets Week. Other significant events include the listing of SCR by OKX and the commencement of voting to transition the SKY brand to the former Maker DAO brand.
Tuesday, November 5th, is marked by the US Presidential Elections. In the altcoin world, the Ginger update will be implemented on Testnet for TIA, and the deadline for Token Swap for PUPS will take effect.
Wednesday, November 6th, brings us the Singapore Fintech Festival, a key event in the digital currency landscape.
Thursday, November 7th, will witness the inaugural meeting of the cryptocurrency committee in South Korea. In addition, Binance will delist KP3R and UNFI, while Bybit is set to list MILE. Economic highlights include the UK’s announcement of its interest rate decision at 15:00, with a 25 basis point cut expected. At 16:30, the US will release its Initial Jobless Claims (Expected: 220k, Previous: 216k). The day concludes with the FED Interest Rate Decision at 22:00 (a 25 basis point reduction is anticipated), followed by FED Chairman Jerome Powell’s Press Conference at 22:30.
Friday, November 8th, will see DESO delisted by Coinbase and a review of China’s $1.4 trillion fiscal package.
As always, we remind our readers that the information provided herein should not be considered as investment advice. Instead, use it as a guide to help navigate the dynamic world of cryptocurrency in the coming week. Remember, while the cryptocurrency market offers potential rewards, it also carries inherent risks. Always do your research and consider your financial position carefully before making any investment decisions.
