The cryptocurrency market had recovered somewhat after a decline last week and entered the weekend strong. However, a new wave of decline that began over the weekend caused the price of Bitcoin to fall back below $70,000.
Il Capo of Crypto, a well-known analyst in the cryptocurrency market, claimed that the decline seen today should not be relied upon as it was on Sunday. The analyst believes that the recent bull run will continue and that this week will also be a bullish one.
However, the cryptocurrency market will face numerous new events this week that could impact the market. Here is the weekly cryptocurrency calendar we have prepared for you at Bitcoinsistemi.com.
(All times are given in UTC+3 Turkish time)
Monday, February 16
- Markets in the US are closed for Presidents’ Day.
- The new year, according to the lunar calendar, is beginning in Korea and China.
- Flying Tulip, founded by Andre Cronje, is starting its public sales.
- KBC, Belgium’s second-largest bank, is launching Bitcoin and Ethereum trading services.
- The UK High Court will hold a hearing regarding the disposal of assets in the “Qian Zhimin 60,000 Bitcoin money laundering case”.
- Eurozone finance ministers are discussing how to issue euro-denominated digital assets.
Tuesday, February 17
- ETH – The Denver Event for Ethereum is starting. The event will continue until February 21st.
- SOL – 21Shares will distribute staking rewards to Solana ETF holders.
- JUP – Jupiter will begin voting on “achieving the net-zero emissions target through measures such as indefinitely suspending the release of team tokens, etc.”
Wednesday, February 18
- $WLFI – World Liberty Financial ($WLFI) will host the first World Liberty Forum at Mar-a-Lago.
- Polynomial, a DeFi derivatives protocol that has ceased operations, will be subject to mandatory liquidation.
- 22:00 – The minutes of the Fed’s latest interest rate meeting will be released.
Thursday, February 19
- 16:30 – US Initial Jobless Claims (Expected: 229k, Previous: 227k)
Friday, February 20
- The US Supreme Court will issue an opinion on tariffs.
- 16:30 – US Core Personal Consumption Expenditures (PCE) Price Index (Monthly) (December) (Expected: 0.3%, Previous: 0.2%)
- 16:30 – US GDP (quarterly) (Q4) (Expected: 2.8%, Previous: 4.4%)
- 16:30 – US Core Personal Consumption Expenditures (PCE) Price Index (Annual) (December) (Expected: 3.0%, Previous: 2.8%)
*This is not investment advice.