Middle East ceasefire, Fed interest-rate decision: Crypto Week Ahead
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Crypto Week Ahead is a comprehensive list of what's coming up in the world of cryptocurrencies and blockchain, as well as the major macroeconomic events that will influence digital asset markets.
Key facts
UPDATE (June 15, 10:57 UTC): Corrects misspelled "ceasefire" in headline
Bitcoin climbed to nearly $66,000 on Monday, almost 3.5% above Friday's level, while cryptocurrency-linked equities including Strategy (MSTR) and Galaxy (GLXY) advanced in pre-market trading
Wednesday sees Kevin Warsh’s first interest-rate decision as Federal Reserve chair
Binance's US-equities launch already outpaces the tokenized market
and with bStocks live, it now competes on composability too
Summary
Crypto traders will hope the week offers a reprieve to months of geopolitical anxiety that has stifled risk assets following Sunday's announcement of an interim peace deal between the U.S. and Iran. Bitcoin climbed to nearly $66,000 on Monday, almost 3.5% above Friday's level, while cryptocurrency-linked equities including Strategy (MSTR) and Galaxy (GLXY) advanced in pre-market trading. There's still a note of caution, though. The introduction of a fresh dot plot, which charts individual Fed policymakers' interest-rate projections, combined with a shortened trading week due to Friday's Juneteenth federal holiday, suggests liquidity will likely decline.