May 2024: Pivotal Events Set to Steer Crypto Market's Fate
May 1, 2024May 2024 is pivotal for the crypto market, with multiple significant events.
The Federal Reserve FOMC meeting on May 1 is expected to hold interest rates steady, possibly affecting investor confidence.
US Treasury refunding plans and the April CPI report in early May could impact market conditions.
The Bitcoin Asia Conference on May 9-10 in Hong Kong may influence cryptocurrency trends.
The outcome of legal proceedings against Tornado Cash developer on May 14 could affect the privacy software sector.
The SEC will make critical decisions on spot Ethereum and Bitcoin ETFs on May 23 and May 24, amid community skepticism.
A deadline for the SEC's decision on options trading for spot Bitcoin ETFs is set for May 29.
These events may lead to stabilization or increased volatility in the crypto market.
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BeInCrypto • May 1, 2024
Top News That Will Impact the Crypto Market in May 2024