According to Mars Finance, Adam, a macro researcher at Greeks.live, released this week's major events and market outlook on the X platform (4/15-4/21): The most important event this week is undoubtedly the Bitcoin halving, which is expected to be completed on Saturday. After the halving, the mining output will be reduced from 6.25 BTC to 3.125 BTC. As the core symbol of a large cycle of BTC, the halving itself is of commemorative significance and may cause market fluctuations, which is very noteworthy. Another hot topic this week is the Middle East conflict. A large number of related events and speeches are expected this week, and the entire speculative market is expected to fluctuate significantly.
This week's major events:
4/15 Monday* US March retail sales monthly rate Hong Kong Securities and Futures Commission announces the first batch of spot Bitcoin ETFs
4/18 Thursday** The Federal Reserve released the Beige Book on economic conditions and the number of initial jobless claims in the United States. TOKEN2049 will be held in Dubai
4/19 Friday* Coinbase files interlocutory appeal in US SEC lawsuit
4/20 Saturday **** BTC is expected to complete halving today
Crypto Market Outlook: Bitcoin and the entire cryptocurrency market experienced a deep correction in the past week, with most Altcoin approaching "halving", but cryptocurrencies led by Bitcoin saw an overall rebound today, with Dvol also returning to 71%.
