Economic & Crypto Calendar (May 8- 12)

This is the week after the spike in the interest rates by the FED. The won't be an exciting week like last week ( Interest rates & SUI LauncH) but there are a couple of events to be watchful.

Economic Calendar of the U.S.

The eyes will be on Consumer Price Index on Wednesday.

The FED wants to diminish the inflation of U.S. dollar at some point to strengthen its reserve currency position.

Last week we had the last (?) interest rate hikes in the initial plan. There is an expectation of lower inflation and stable interest rates until July.

The expectation is to get the same CPI as last month. I think we will have slightly above 5% this month. The green days for crypto and gold might be around the corner.

MarketWatch

Economic Calender of G20

This week is precious for the United Kingdom as well.

BoE is going to share its decision on interest rates. There is a huge expectation to get 5% for Pound in the near future.

Through the end of this year, we are not going to suffer from the risk of interest rates according to the agenda. IMHO, the interest rates are killing the whole sentiment in the markets.

Calendar of Crypto

The hype on MEME coins is slowly but firmly decreasing. The sub-hype will be replaced by strong sentiments on that markets.

What we are going to chase this week will be pretty unique. Are you happy with ERC20 tokens?

What if there are alternatives on Bitcoin?

ERC20 tokens on Ethereum, mostly memecoins, let transaction fees skyrocket in a short time.

After all these issues, one can easily believe that Ethereum is a chain for rich.

Time to direct our attention on Bitcoin's new branches.

BRC20 tokens are growing ant the taker mechanism is fascinating. More BRC20 tokens will enable us to enlargen our ecosystem. Now that the hype is hot, I believe more liquidity will flow from

Please share with us below if we missed any important event to watch this week.
Have a nice one!

Hive On ✌🏼

Posted Using LeoFinance Alpha