4 Major Events to Watch for Bitcoin and Crypto Markets This Week

BTC and the altcoins are heading into another potentially eventful week starting with packed Tuesday and Wednesday.

Another eventful US economic calendar is ahead of us, which could inject fresh volatility into the broader crypto market.

Aside from Monday, which is expected to be a rather calm day on this matter, the other four days will see several important releases in terms of inflation, the labor market, manufacturing activity, and a barrage of Federal Reserve appearances.

Inflation and GDP

Tuesday kicks things off with the August JOLTS Job Openings Report, alongside September consumer confidence. The former will provide another look at demand for workers ahead of the much more important employment report at the end of the week. The US Bureau of Labor Statistics previously confirmed that the JOLTS data will be released on September 29.

Wednesday could be even more impactful to the crypto market as the Bureau of Economic Analysis will publish August Personal Income and Outlays, which includes the Fed’s preferred inflation gauge, the PCE price index. The same monitoring will also bring the third and final estimate of second-quarter US GDP.