Crypto News: Key Events To Impact Bitcoin, Ethereum Price This Week
Key Events To Impact Bitcoin, Ethereum Price Bitcoin and Ethereum prices fell slightly today as investors turn cautious ahead of key crypto news and events this week. US treasury yields continue to climb amid new T-bills issue by the US Treasury Dept. Meanwhile, the US dollar remains weak after a “hawkish pause” by the US Fed, with the US dollar index (DXY) sliding below 102.50. Bitcoin price typically moves opposite to the US treasury yields and the US dollar. advertisement Investors look for fresh guidance on monetary policy in the coming months from US Fed Chair Jerome Powell’s testimony in the House Financial Services Committee on Wednesday and the Senate Banking Committee on Thursday. Fed officials Lisa Cook and Philip N. Jefferson will also testify before the US Congress. Also, six Fed officials including James Bullard, John Williams, and Raphael Bostic speeches are scheduled for this week. Moreover, the Bank of England will announ...