Crypto Market on High Alert: Earnings Reports, Interest Rate Decision Loom
The cryptocurrency market has been stagnant over the past week, but recent developments may bring new life to it. The possibility of a ceasefire between Iran and the US has revived after Donald Trump suspended attacks on Iran, followed by an announcement from Iran that it had halted retaliatory attacks.
A significant altcoin development is the upcoming mainnet activation of Zcash's Ironwood and NU6.3 upgrade. Additionally, Across Protocol (ACX) will be suspending transactions due to a change in its protocol.
Several major tech companies are also set to release their earnings reports this week, including Microsoft, Google, Meta, and Apple. The Federal Reserve will also announce its interest rate decision on Wednesday at 21:00 UTC+3 Turkish time.