3 US Economic Events Crypto Traders Must Watch This Week
Crypto markets kicked off the week with a dip that has sent Bitcoin (BTC) back to the $115,000 range while Ethereum (ETH) revisits the region around $4,300. Whether the drop could extend or is a short-term shakeout could hinge on several US economic events this week.
Bitcoin, in particular, has been overly sensitive to US economic indicators, making this week’s data points critical in its path to new highs.
US Economic Events That Could Move Bitcoin This Week
The following events and data points could influence traders’ and investors’ crypto portfolios this week.
FOMC Minutes
The FOMC (Federal Open Market Committee) minutes from its July meeting are arguably the most critical US economic event this week.
Due on Wednesday,…
