Key Crypto Events This Week: Fed Rate Decision and Do Kwon Sentencing Impact Bitcoin (BTC) and Market

The cryptocurrency market braces for a pivotal week with two major events poised to influence prices and sentiment. The U.S. Federal Reserve's interest rate decision on Wednesday stands as the primary macroeconomic catalyst. Analysts widely anticipate rates to remain unchanged, but the accompanying statement and Fed Chair Jerome Powell's press conference will be scrutinized for clues on future policy. A hawkish tone could pressure risk assets like Bitcoin (BTC) and Ethereum (ETH), while a dovish tilt may fuel a rally. Simultaneously, the sentencing of Terraform Labs co-founder Do Kwon in Montenegro is scheduled. This legal milestone is a key development following the catastrophic collapse of the Terra (LUNA) and TerraUSD (UST) ecosystems in 2022, which triggered a prolonged crypto winter. The outcome will be closely watched for its implications on regulatory enforcement and investor confidence in the sector. Traders are advised to monitor volatility around these events, as they will likely set the tone for Bitcoin (BTC) and altcoin markets in the near term.