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<p style="text-align: justify">Bitcoin price continues to stay above $37,000 on the second Sunday of November. There are significant developments this week. Being prepared for events that will occur in the macro and internal fronts of cryptocurrencies and positioning accordingly brings advantages to <a href="https://newslinker.co/category/finance/" data-wpel-link="exclude">investors</a>. So, what events will trigger price volatility over the next 8 days?</p> 
<h2 style="text-align: justify" id="important-developments-of-the-week">Important Developments of the Week</h2> 
<p style="text-align: justify">Next week, the <strong>US inflation data</strong> will be announced, which is one of the most important events for cryptocurrencies. While optimism about earlier and larger interest rate cuts has engulfed the risk markets, it is important that this does not deteriorate. Now let’s take a look at the days and times and see what awaits us.</p> 
<h3 style="text-align: justify" id="november-13-monday">November 13, Monday</h3> 
<ul style="text-align: justify"> 
 <li>Upbit Conference (SOL, LINK, AVAX, etc.)</li> 
</ul> 
<h3 style="text-align: justify" id="november-14-tuesday">November 14, Tuesday</h3> 
<ul style="text-align: justify"> 
 <li>11:00 Fed/Williams Speech</li> 
 <li>16:30 US Core Inflation (Previous: 4.1%)</li> 
 <li>16:30 US Inflation (Previous: 3.7%)</li> 
 <li><a href="https://en.coin-turk.com/panic-engulfs-investors-amid-secs-accusations-against-binance-and-market-downturn/" data-wpel-link="internal">Binance</a> Exchange will carry out the conversion of Merit Circle (MC) to Beam (BEAMX). (BEAMX/USDT instead of MC/USDT)</li> 
 <li><a href="https://en.coin-turk.com/avalanche-avax-price-soars-as-ceo-resigns-from-stars-arena-project/" data-wpel-link="internal">Avalanche</a> House Istanbul</li> 
</ul> 
<h3 style="text-align: justify" id="november-15-wednesday">November 15, Wednesday</h3> 
<ul style="text-align: justify"> 
 <li>16:30 US Core PPI (Previous: 2.7%)</li> 
 <li>16:30 US Core Retail Sales (Previous: 0.6%)</li> 
 <li>16:30 US PPI (Monthly) (Previous: 0.5%)</li> 
</ul> 
<h3 style="text-align: justify" id="november-16-thursday">November 16, Thursday</h3> 
<ul style="text-align: justify"> 
 <li>15:10 Fed/Barr Speech</li> 
 <li>16:30 US Initial Jobless Claims (Previous: 217K)</li> 
 <li>17:25-18:15 Speeches by Fed Members</li> 
 <li>Arbitrum Day</li> 
 <li>SmileyWorld x Decentraland Partnership</li> 
 <li>Flow Lockdrop (1.85M$)</li> 
</ul> 
<h3 style="text-align: justify" id="november-17-friday">November 17, Friday</h3> 
<ul style="text-align: justify"> 
 <li>16:30 US Building Permits (Previous: 1.471M)</li> 
 <li>18:00 Fed/Daly</li> 
 <li>17:45 Fed/Goolsbee</li> 
 <li>Deadline for Hashdex’s spot Bitcoin ETF applications.</li> 
 <li>Expiration of the current temporary US spending law. (Government Shutdown)</li> 
 <li>APE Lockdrop (23.09M$)</li> 
</ul> 
<p style="text-align: justify"><strong>Note:</strong> <em>The AVAX lockdrop on November 24 will be worth $179 million. The distribution is as follows: Team 4.5 million AVAX, Strategic Partners 2.2 million AVAX, Foundation 1.67 million AVAX, and Airdrop 1.13 million AVAX.</em></p> 
<h2 style="text-align: justify" id="expectations-for-cryptocurrencies">Expectations for Cryptocurrencies</h2> 
<p style="text-align: justify">We will see that <strong>Fed</strong> members make intensive statements. Future inflation data will increase volatility for cryptocurrencies in any case. It is likely that Fed members will harden their tones according to future data, and the relaxation in oil prices and the slowdown in wage increases are promising for inflation. On the other hand, statements that undermine optimism for the next year will not be good.</p> 
<p style="text-align: justify"><img decoding="async" class=" wp-image-275597 aligncenter" src="https://coin-turk.com/wp-content/uploads/2023/11/Avalanche.png" alt="" width="892" height="500"></p> 
<p style="text-align: justify">AVAX will have an event in Turkey and a major lockdrop on November 24. While the price is seeking new highs today, everyone is curious about what will happen as November 24 approaches. Significant declines were experienced in previous major lockdrops.</p> Continue Reading: <a href="https://en.coin-turk.com/important-developments-of-the-week-that-will-affect-bitcoin-price/" data-wpel-link="internal">https://en.coin-turk.com/important-developments-of-the-week-that-will-affect-bitcoin-price/</a>

Important Developments of the Week that Will Affect Bitcoin Price

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