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These will be followed in altcoins in the new week - take note!
Leading cryptocurrency analyst, The DeFi Investor, revealed key events and market trends that could shape the digital asset landscape this week. From regulatory developments to major industry conferences, traders and investors are keeping a close eye on these developments.
AI Coins: Nvidia's AI Conference Kicks Off
Nvidia's highly anticipated artificial intelligence conference, scheduled to kick off on March 17, is expected to generate significant interest in AI-related cryptocurrencies. Notably, Near Protocol has been confirmed as a participant (NEAR), which could impact market momentum.
Bitcoin (BTC): FED's FOMC Decision
All eyes will be on Bitcoin's (BTC) as the Federal Open Market Committee (FOMC) announce its interest rate decision on March 19. Given Bitcoin's sensitivity to macroeconomic factors, any change in interest rates could have a notable impact on price action. In the current situation, the expectation is to keep interest rates constant.
Fluid (FLUID): The Big Announcement Is Coming
Fluid (FLUID) may be preparing for a potential price move as the project prepares for a major announcement. Furthermore, Fluid's Total Value Locked has (TVL) reached an all-time high, indicating strong market participation.
Sui (SUI): Sui Game Summit
The Sui ecosystem is set to take center stage with the launch of the Sui Gaming Summit on March 18.
Ripple (XRP): SEC vs. Ripple Lawsuit Nears Conclusion.
Speculation about the long-running SEC vs. Ripple lawsuit is intensifying, with sources suggesting that a settlement may be imminent.
Phantom (FTM): Token Unlock Event
On March 18, $80 million worth of Fantom (FTN) tokens will be unlocked.