The cryptocurrency market is facing another crash after a brief upswing last week. Bitcoin (BTC) has fallen to the $112,000 price level after reclaiming $117,000 just a few days ago. Almost all major crypto assets are following Bitcoin’s (BTC) downtrend. The market could be down due to key events taking place over the week. Let’s look at what investors should be looking ahead to.

Key Events That Could Impact The Cryptocurrency Market

The first key event is Federal Reserve Chair Jerome Powell’s speech on Tuesday, Sept. 23, 2025. The Federal Reserve lowered interest rates by 25 basis points last week. The rate cut led to a slight market revival. Major cryptocurrency assets experienced rallies, with Binance’s BNB coin hitting a new all-time high. The rate cut upswing, unfortunately, was short-lived.

The next event to look forward to is the new sales home data for August, due on Wednesday, Sept. 24, 2025. The statistic gives insight into the housing market’s health, which is a major indicator of economic growth. The cryptocurrency market may see some volatility before and after the release.

Also Read: Why Is The Cryptocurrency Market Down Today?

The new sales home data will be followed by the US Q2 2025 GDP data and the August existing home sales data. Both figures will be released on Thursday, Sept. 25, 2025.

Finally, on Friday, Sept. 26, 2025, we will get the August PCE inflation data.

Will The Market Recover?

The cryptocurrency market is likely crashing due to the upcoming events. The economic data will most probably shape the Federal Reserve’s next monetary policy. Many anticipate another interest rate cut later this year. However, poor economic performance may lead to the Federal Reserve keeping interest rates unchanged over the coming months.

If the economic conditions seem to improve, the Federal Reserve could take a more dovish stance. Such a scenario could lead to the cryptocurrency market regaining its lost momentum.