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<p style="text-align: justify">With the recovery of the king <a href="https://coin-turk.com/huobiden-dev-ortalik" rel="noopener noreferrer nofollow">cryptocurrency</a> to $30,000, altcoins started to rise. The current outlook is positive. However, the agenda will be quite busy over the next 7 days. The announced data can support an increase in volatility. Like every Sunday, today we will discuss all the important developments of the week in detail.</p>
<h2 style="text-align: justify" id="important-developments-in-cryptocurrencies">Important Developments in Cryptocurrencies</h2>
<p style="text-align: justify"><strong><a href="https://coin-turk.com/bitcoin-btc-neden-dusuyor-yuzde-6-kayip-altcoinler-icin-ne-anlama-geliyor" rel="noopener noreferrer nofollow"></a><a href="https://en.coin-turk.com/bitcoin-btc-surpasses-critical-resistance-level/" rel="noopener noreferrer nofollow">Bitcoin</a></strong>‘s price increase was in line with October, but more is needed. As the cumulative value of cryptocurrencies approaches $1.15 trillion, the importance of weekly closing increases. So, what developments will fuel volatility in the coming days?</p>
<h3 style="text-align: justify" id="october-23-monday">October 23, Monday</h3>
<ul style="text-align: justify">
 <li>CTSI Key Opening ($2.95 Million)</li>
 <li><a href="https://coin-turk.com/kripto-para-yatirimcilari-dikkat-dev-borsa-simdi-yayinladi" rel="noopener noreferrer nofollow"></a><a href="https://en.coin-turk.com/ethereum-eth-falls-to-critical-levels-as-bitcoin-dips/" rel="noopener noreferrer nofollow">ETH</a> Hong Kong (October 22-24)</li>
</ul>
<h3 style="text-align: justify" id="october-24-tuesday">October 24, Tuesday</h3>
<ul style="text-align: justify">
 <li>Earnings Reports: Visa, Google, Microsoft (After Stock Market Close)</li>
 <li>16:45 US Manufacturing PMI (Expectation: 49.5 Previous: 49.8)</li>
 <li>16:45 US Services PMI (Expectation: 49.9 Previous: 50.1)</li>
</ul>
<h3 style="text-align: justify" id="october-25-wednesday">October 25, Wednesday</h3>
<ul style="text-align: justify">
 <li>15:00 US Building Permits (Expectation: 1.473M Previous: 1.541M)</li>
 <li>17:00 US New Home Sales (Expectation: 679K Previous: 675K)</li>
 <li>20:00 President of the European Central Bank Will Speak</li>
 <li>23:35 Fed Chairman Powell Will Speak</li>
 <li>Meta Earnings Report</li>
</ul>
<h3 style="text-align: justify" id="october-26-thursday">October 26, Thursday</h3>
<ul style="text-align: justify">
 <li>14:00 CBRT Interest Rate Decision (Expectation: %32-35)</li>
 <li>15:00 ECB Interest Rate Decision (Expectation: Stable)</li>
 <li>15:30 US Core Durable Goods Orders (Expectation: 0.3% Previous: 0.4%)</li>
 <li>15:30 US Gross Domestic Product (GDP) (Expectation: %4.1 Previous: %2.1)</li>
 <li>15:30 US Unemployment Claims (Expectation: 209K Previous: 198K)</li>
 <li>16:00 Fed/Waller</li>
 <li>Amazon, Mastercard Earnings Report</li>
</ul>
<h3 style="text-align: justify" id="october-27-friday">October 27, Friday</h3>
<ul style="text-align: justify">
 <li>15:30 US Core Personal Consumption Expenditures Price Index (Expectation: 0.3% Previous: 0.1%) Annual: (Expectation: 3.7% Previous: 3.9%)</li>
 <li>YGG Key Opening (Expectation: $2.9 Million)</li>
 <li>Announcement Regarding Floki Staking and Roadmap</li>
</ul>
<h2 style="text-align: justify" id="will-cryptocurrencies-rise">Will Cryptocurrencies Rise?</h2>
<p style="text-align: justify">There is no significant development on Monday, but the upcoming earnings reports in the following days will affect the US stock markets positively/negatively depending on the situation. At the same time, <strong>PMI data</strong> will show how lively the US economy is. Housing inflation is high, so the data on new housing supply and sales on Tuesday will be significant. Since Powell gave many messages in his speech this week, we can see that his upcoming statements on Wednesday do not affect the markets.</p>
<p style="text-align: justify"><img src="https://coin-turk.com/wp-content/uploads/2023/10/BTCUSDT_2023-10-22_08-58-22.png" alt="" width="1814" height="847"></p>
<p style="text-align: justify">October 26 is an important day for the USDTRY exchange rate. If there is an increase of 35% or more in CBRT, volatility in TRY pairs may increase. The data from the US is critical again, and the evening earnings reports can increase volatility. Let’s not forget Meta; their spending on the <strong>metaverse</strong> will make an impact in the earnings report.</p>
<p style="text-align: justify">On Friday, the <strong>personal consumption expenditures</strong> data will be released, and this is a critical data as important as inflation, especially in this period.</p> Continue Reading: <a href="https://en.coin-turk.com/important-crypto-currency-developments-for-the-week-of-october-23-29-agenda-will-be-very-busy/" rel="noopener noreferrer nofollow">https://en.coin-turk.com/important-crypto-currency-developments-for-the-week-of-october-23-29-agenda-will-be-very-busy/</a>

Important Crypto Currency Developments for the Week of October 23-29, Agenda Will Be Very Busy

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