Crypto and US Economy Rollercoaster Next Week: Key Token Unlocks and Fed Decisions

Next week, significant activities are slated that could influence market dynamics, including major token unlocks and key U.S. economic indicators. Jupiter (JUP) will unlock 53.47 million tokens worth around $30 million, constituting 1.78% of its circulating supply on July 28. Optimism (OP) is scheduled to unlock 31.34 million tokens valued at approximately $23 million, representing 1.79% of its circulating supply on July 31. On August 1, Sui (SUI) will unlock 44 million tokens valued at roughly $178 million, making up 1.27% of its circulating supply. In addition to the token unlocks, the U.S. will release critical economic data, including the Federal Reserve’s interest rate decision on July 30 and the Core PCE Price Index on July 31. The Fed's meeting is expected to see a hold on interest rates, but market participants will closely pore over Chairman Jerome Powell's remarks for hints of future policy direction. Market reactions will heavily depend on whether Powell signals a dovish stance, which could boost prices, or a cautious approach that might temper optimistic expectations. The Core PCE data will also be pivotal. A lower-than-expected inflation figure could signal continued cooling of prices, supporting market optimism and potential easing policies. Conversely, a higher inflation rate might reinforce concerns about persistent inflation, leading to expectations of maintaining a hawkish stance longer. This combination of token unlock events and economic data can significantly sway crypto and broader financial markets in the upcoming week.