Three events this week: Fed speeches, PMI and Trump-Xi meeting
- —The Fed raised rates by 25 bps for the first time in three years, and BTC rebounded from $75,000 to $80,000
- —At least 8 Fed appearances are scheduled for the week
- —Preliminary US September PMI data will be released on Wednesday
- —A Trump-Xi meeting on trade and export controls is expected on Thursday
Why it matters: Fed signals on further tightening and geopolitics will determine whether bitcoin holds above $80,000.
Source: CryptoPotato