Bitcoin $63,953 price It fell on the last day of September, and with the rejection from $66,000, the price dropped to $63,249. It is positive that $61,700 is currently maintained as support. Today, as every week, we will discuss the important developments that await us in the coming days and warn investors about what awaits them in cryptocurrencies.
Cryptocurrencies Important Developments of the Week
13F forms will go to the SEC again in October and it will be determined which companies have assets over $100 million. cryptocurrency We’ll find out if he buys or sells ETFs. These reports, which are closely followed every quarter, are also important in October. So, what other developments will be of interest to cryptocurrency investors in the coming days?
Monday, September 30
Tuesday, October 1
- 12:00 EU Inflation (Expected: 2.7% Previous: 2.8%)
- 16:45 US Manufacturing PMI (Expected: 47 Previous: 47.9)
- 17:00 USA JOLTS (Expected: 7,640M Previous: 7,673M)
- 18:00 Fed Cook and Bostic Will Speak
- SUI ($112 Million)
Wednesday, October 2
- 15:15 US ADP (Expected: 124K Previous: 99K)
- 18:00-19:15 Fed Bowman and Barkin Will Speak
- Digital Assets Week London
- ENA Lock Opening ($169 Million)
Thursday, October 3
- 15:30 Applications for Unemployment Rights (Expected: 221K Previous: 218K)
- Axelar Network Surprise Announcement
Friday, October 4
- 15:30 US Average Hourly Earnings (Expected: 0.3% Previous: 0.4%)
- US Nonfarm Payroll (Expected: 146K Previous: 142K)
- US Unemployment Rate (Expected: 4.2% Previous: 4.2%)
- SEC, Ripple
$0.649617 may appeal his case. - IMX ($55.5 Million)
What to Pay Attention to?
If the data coming on Friday points to further loosening, especially on the employment front, it may pave the way for the Fed to cut another 50bp at its November meeting. Surprise figures are likely to trigger an increase in volatility. On the other hand, the big test period for the historical performance of October begins.
The last days of September were relatively positive due to investors’ hopes for October. But we will experience and see what happens. Powell We will instantly share the important highlights of the statements of Dr. and other Fed members and before the end of the week. SEC He will decide whether to appeal or not.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
