Bitcoin Traders Brace for Four Key Macro Events This Week
- —September ISM Services PMI lands today and could shift inflation and rate expectations
- —FOMC minutes from the September 15-16 meeting are due on Wednesday
- —Jobless claims: latest reading 197,000, four-week average down to 200,000
- —University of Michigan preliminary October consumer sentiment survey comes on Friday
Why it matters: The macro data will set Fed rate expectations, driving Treasury yields, the dollar and risk appetite, including for bitcoin.
Source: CryptoPotato