Bitcoin

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/crypto-enthusiasts-prepare-for-significant-events-this-week/" data-wpel-link="internal">Crypto Enthusiasts Prepare for Significant Events This Week</a> 
As every week, today we discuss the important developments for <a href="https://en.coin-turk.com/dydx-founder-warns-crypto-developers-forget-servicing-us-customers-for-now/" data-wpel-link="internal">cryptocurrency</a> enthusiasts. In the coming days, we will witness active hours, giving investors an edge if they stay prepared for these events. Here, you can review the expectations along with specific days and timings. What can we anticipate for <a href="https://en.coin-turk.com/experts-predict-bitcoins-potential-rise-despite-recent-decline/" data-wpel-link="internal">cryptocurrencies</a> in the upcoming days? 
<h2 style="text-align: justify" id="key-developments-in-cryptocurrencies">Key Developments in Cryptocurrencies</h2> 
Bitcoin (BTC) is hovering around $61,900 on Sunday, and it seems unlikely to surpass $63,000 over the weekend. This situation, disappointing for <a href="https://en.coin-turk.com/trust-wallet-announces-web3-integration-service-waas/" data-wpel-link="internal">altcoins</a>, confirms that the challenging environment lasting over six months has not yet ended. Investors hoping for the historical October rise to begin on October 7 must be ready for some significant developments. 
<h2 style="text-align: justify" id="what-should-investors-pay-attention-to">What Should Investors Pay Attention To</h2> 
Crypto investors will experience an exciting week ahead. A sense of regret regarding the July interest rate cut delay in the Fed minutes could positively influence the markets. Additionally, signals from members regarding the pace of interest rate cuts for the next 12 months will be extremely crucial. 
<img decoding="async" class="size-full wp-image-394704 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/10/abd-enflasyon-20-yillik.png" alt="" width="865" height="357"> 
A continued decrease in inflation is expected, and the inflation data this week could increase the Fed’s potential for a 50 basis point cut in November. Regardless, a total of 100 basis points in cuts is anticipated before the end of the year, with the basic scenario already priced in by the market. Rising optimism, given that upcoming data aligns with expectations, should trigger the anticipated cryptocurrency surge in the final quarter. 
The post <a href="https://en.coin-turk.com/crypto-enthusiasts-prepare-for-significant-events-this-week/" data-wpel-link="internal">Crypto Enthusiasts Prepare for Significant Events This Week</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

Crypto Enthusiasts Prepare for Significant Events This Week

Table of Contents

COINTURK NEWS

Other articles published on Oct 6, 2024

3 Reputable No-KYC Crypto Exchanges: CoinEx, OKX, Bybit

Pi Network Introduces Pi Influencer Program: Will It Spark More Buzz?

Qubetics Hits $1.15M in Presale as Polygon Regains Strength and Skygate Amplifies Aviation Experi...

Most Trending Cryptocurrencies on Ethereum – Bitcoin Cat, Komari, Internet Generational Wealth

This new crypto sensation could make someone a millionaire

These Alts Dumped the Most Weekly as Bitcoin (BTC) Calms at $62K (Weekend Watch)

Join our free newsletter for daily crypto updates!