Bitcoin braces for volatile week as Big Tech earnings, PMI and inflation data loom
- —Meta, Tesla and IBM report Oct. 21, with AI spending in focus
- —US weekly jobless claims due Oct. 22
- —S&P Global flash October PMI due Oct. 23
- —One-year inflation expectations rose to 4.7% from 4.6% in preliminary data
Why it matters: Weak Big Tech results or rising inflation expectations could dent rate-cut hopes and add pressure on bitcoin.
Source: Blockmedia