Bitcoin Volatility Ahead? These 5 Events Could Move Crypto This Week

1 week ago 18



The calls for a Black Monday have fallen short so far, but this doesn't mean that the week won't be volatile. After a major correction experienced in the past several days and a dip to a monthly low, bitcoin enters another potentially fluctuating week with the Fed now back in its blackout period. Attention has shifted to Big Tech earnings, US PMI data, consumer inflation expectations, jobless claims, and developments in the oil market. Here’s what to expect for the following five days. Tech Earnings and Oil Shake This week’s macro calendar is lighter than last week’s CPI- and PPI-heavy schedule, but several events could still move BTC indirectly through risk sentiment, bond yields, and expectations for the upcoming FOMC meeting on October 27 and 28. Perhaps the biggest market event comes on Wednesday when Meta and Tesla will report earnings, alongside IBM and several other major companies. The impact on crypto could stem from the recent sell-off, driven by concerns about AI spending and technology valuations, which shows similar developments aren’t isolated in the current market environment. The Nasdaq 100 just posted its worst week since April 2025, while semiconductor stocks plum...

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