FOMC minutes, SpaceX joins Nasdaq 100: Crypto Week Ahead

CoinDesk2d agoUpdated 2d ago
FOMC minutes, SpaceX joins Nasdaq 100: Crypto Week Ahead
Smart Read

Your look at what's coming in the week starting July 6....

Key takeaways

  • 1SpaceX joins Nasdaq 100 holding 18,712 BTC, likely boosting demand through tracker funds and investment criteria alignment.
  • 2FOMC minutes release July 8 will provide insights into Federal Reserve's next moves amid macroeconomic reports.
  • 3Rain token unlocks 7.64% of circulating supply worth $786.9 million on July 11, creating potential sell pressure.

Coins in this story

Why it matters

Institutional adoption through SpaceX's Nasdaq inclusion strengthens crypto legitimacy for Indian retail investors, while Fed policy minutes directly influence Bitcoin's macroeconomic correlation and token unlocks signal near-term volatility risks.

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