U.S. Congress returns as GENIUS comments periods close, jobs report: Crypto Week Ahead
Your look at what’s coming in the week starting June 1.
What to know:
Crypto Week Ahead is a comprehensive list of what’s coming up in the world of cryptocurrencies and blockchain, as well as the major macroeconomic events that will influence digital asset markets.
The value of stablecoins in circulation, which Samara Cohen, BlackRock’s global head of market development, called the “bridge between traditional finance and digital liquidity,” has kept rising and hit a record $322 billion in late May. The ECB is now warning these instruments could cement dollar dominance.
Macro and geopolitical impact will also need to be closely monitored. While economic data will provide further hints on the Fed’s future policy direction, an earlier-than-expected ceasefire in the Middle East could revive risk appetite.
