Crypto markets enter a busy catalyst week as regulation, macro policy, and major protocol upgrades converge across the industry.
Bitcoin remains above $80,000, while the broader market holds above $2.7 trillion despite neutral sentiment. Traders now face a crowded calendar that could shape risk appetite across leading digital assets.
Protocol Upgrades Return to Focus
Starknet will launch strkBTC on May 12 after governance approves SNIP 38 and SNIP 39. The Bitcoin wrapper adds optional privacy features and qualifies as a stakable asset on Starknet.
Ronin Network will also begin its move from a sidechain to an Ethereum layer 2 using the OP Stack. The upgrade will reduce token inflation from above 20% to below 1%.
SushiSwap is preparing its Perps v2 rollout on May 11. The update supports its Super Swap roadmap and expands cross-chain derivatives trading.
Washington Takes Center Stage
The US Senate Banking Committee will revisit the Digital Asset Market Clarity Act on May 14. The bill aims to establish a clearer crypto market structure after months of debate.
Banking groups continue to oppose stablecoin reward provisions. They argue that yield-linked stablecoins could pull deposits from banks and weaken lending activity.
Macro Pressure Adds Uncertainty
Markets are also watching Federal Reserve leadership changes. Kevin Warsh has cleared a procedural vote and may face full Senate confirmation this week.
Stronger US jobs data has added pressure to rate expectations. That macro backdrop could influence Bitcoin, Ether, and altcoin momentum as the week unfolds.
