Crypto Week Ahead
The upcoming week starting October 13 marks significant developments in the cryptocurrency space, particularly with Ethereum's Fusaka upgrade applied to the Sepolia testnet. However, the ongoing U.S. government shutdown continues to impact the crypto market, specifically delaying several crypto ETF applications. As the market enters this week, there are optimistic expectations for Bitcoin to regain momentum after a sell-off while grappling with resistance levels between $110,000 and $125,000. Key events include CME Group options for SOL and XRP pending regulatory approval, the dYdX Foundation hosting a discussion on YouTube, and numerous governance votes across several DAOs regarding proposals for fund management and project growth. Major economic indicators, particularly U.S. inflation and retail sales reports, are expected to be released but may be delayed due to the shutdown. Additionally, several token unlocks and launches are scheduled, potentially influencing market dynamics.
Source 🔗