As we approach the end of May, crypto traders are eagerly awaiting a new week filled with a series of potentially impactful macro events. From Binance’s trial in Nigeria to the FIT21 bill’s voting, these events might have a significant impact on the crypto market.
These Events Might Decide Market’s Next Move
In recent days, the crypto market has seen significant volatility due to concerns about possible interest rate hikes. However, Bitcoin’s price surged on Thursday, aided by a weaker dollar following milder consumer inflation data for April. This improved market sentiment, pushing several crypto assets above their resistance levels. Amid this, several major crypto events are scheduled for next week, which could potentially reverse the current market trend.
Binance Prepares For A Crucial Week
A Nigerian court denied Binance executive Tigran Gambaryan’s bail application…
