3 Things That Will Move Crypto Markets in Volatile Week Ahead
Crypto markets have retreated over the weekend following a Bitcoin-powered rally last week, and more volatility is expected in the next several days.
The US presidential election on Tuesday will cause short-term volatility as a Trump win is likely to be positive for crypto, while a Harris victory will have the opposite effect.
In addition to a new president, there are several key economic reports and a Federal Reserve meeting this week.
Economic Events Nov. 4 to 8
Last week’s crypto market retreat was partially driven by the latest Core PCE report, which cast a shadow on the Fed’s rate-cut outlook.
Tuesday will see the release of October’s ISM Services PMI report which depicts business conditions in the US…
