Top Crypto Events This Week: Can the Market Stage a Rebound?

As the new week unfolds, the cryptocurrency market is showing early signs of attempting a recovery after facing strong downward pressure. Investors and traders are closely monitoring key crypto events this week that could significantly influence market sentiment and price direction. Recent volatility has been driven by forced selling, macroeconomic uncertainty, and geopolitical tensions, keeping the broader crypto market under stress.

Over the past 24 hours, the total cryptocurrency market capitalization declined by 1.38%, while the weekly trend reflects a sharp 6.7% drop. Bitcoin price fell below the $88,000 mark, and Ethereum slipped under $2,900. Major altcoins such as XRP, Solana (SOL), Dogecoin (DOGE), and Cardano (ADA) have also recorded notable corrections. These price movements raise the question of whether the market is nearing a bullish turnaround or preparing for continued volatility.

The week began with the release of the U.S. GDP report for the first quarter of 2025. The data indicated stronger-than-expected growth, easing immediate recession fears and offering a brief boost to risk assets, including cryptocurrencies. However, renewed trade tensions emerged after Canada proposed a 100% tariff on U.S. goods, adding further pressure to already fragile markets. According to market forecasts and Polymarket data, recession concerns remain elevated, with many analysts expecting economic stress in at least one major economy before 2027.

Midweek attention is firmly on the Federal Reserve. On Tuesday, the Fed is scheduled to inject $8.3 billion into the economy as part of its ongoing quantitative easing plan, a move that could support liquidity across stocks and digital assets. Consumer confidence data is also expected to provide insights into household spending trends. Wednesday’s Federal Reserve policy meeting is another major catalyst, with markets largely pricing in unchanged interest rates. Investors will closely analyze Chair Jerome Powell’s comments for signals on future rate cuts.

Toward the end of the week, corporate earnings from major tech firms, inflation data, and rising concerns over a potential U.S. government shutdown could further impact market sentiment. With multiple high-impact crypto events lined up, traders should prepare for heightened volatility, as each development could spark either a market rebound or further downside.