Top 10 Key Events This Week Impacting the Crypto Market That Traders Must Watch

What events should traders follow this week?

1. U.S. Economic Data: This week, several important economic data will be released, including CPI, PPI, retail sales, etc. These data will affect the Fed's policy expectations and market direction.

2. Federal Reserve officials speaking: Several Federal Reserve officials will deliver speeches, and the market will focus on their views on inflation and interest rate policy.

3. US Treasury Yield: The trend of the 10-year US Treasury yield is worth following, as it has a significant impact on the pricing of risk assets.

4. Geopolitical Situation: The conflicts in the Middle East, the Russia-Ukraine War, and other geopolitical events still require close follow of their developments.

5. Corporate earnings season: Several large tech companies will announce their earnings reports, which may affect market sentiment.

6. Bitcoin ETF Approval Progress: The SEC's approval progress on spot Bitcoin ETF applications remains a focal point of market attention.

7. Cryptocurrency Regulatory Trends: The latest statements and policies from regulatory agencies in various countries regarding the crypto industry are worth following.

8. Development of the DeFi ecosystem: Changes in indicators such as TVL and user data of major DeFi projects.

9. NFT Market Trend: Trading data of top NFT projects and the development status of new projects.

10. Layer 2 Scalability Progress: The technological advancements and user adoption of Ethereum Layer 2 networks.

Traders need to closely follow the potential impact of these events on the market and adjust their trading strategies in a timely manner.