Cryptocurrency Market Sees Partial Recovery Ahead of Crucial Inflation Data and Altcoin Updates

Bitcoin and cryptocurrencies have staged a partial recovery following non-farm payroll data that decreased the likelihood of a Federal Reserve interest rate hike in September.

The world's largest cryptocurrency, Bitcoin, has seen a 2.25% gain over the past week, with Ethereum also closing the week up 2.5%.

However, economic developments and altcoin events are set to pick up pace next week. The schedule for the coming days includes updates on several protocols, new wallet launches, and critical inflation data releases from the US.