Following President Trump’s strong stance against China, a three-phase process was anticipated. Last week, a warning was issued regarding the commencement of the third phase, which has now been confirmed with the announcement of an agreement with China. This development has spurred the price of Bitcoin (BTC) above $115,000 and led to significant gains in altcoins. The question remains: what crucial developments are foretold in the coming days?
Significant Developments
Each week, it has been observed that significant events on the calendar profoundly impact cryptocurrency charts. A warning issued last Friday predicted signals from the Bessent front regarding potential agreements. As expected, for the third time this year, the usual dynamic between China and the U.S. unfolded. The outcome remained unchanged; if an agreement is finalized before the September 30 discussions, the rise in cryptocurrencies could persist.
This week, over thirty significant developments are set to influence the charts. Earnings reports from trillion-dollar giants will affect the stock market. If these reports are positive, they could impact cryptocurrencies alongside the stock market. Given that it is Fed week, increased volatility is anticipated, with Powell’s statements on Wednesday evening likely to affect expectations for further interest rate cuts. Announcements following Trump’s meeting with Xi will also strongly influence cryptocurrencies.
Upcoming Economic and Crypto Events
October 28, Tuesday
- •14:00 PayPal Earnings Report
- •17:00 U.S. CB Consumer Confidence (Expected: 93.75, Previous: 94.2)
- •23:05 Visa Earnings Report
- •Grass Unlocking (72.4%)
- •JUP Unlocking (1.72%)
- •SIGN Unlocking (21.48%)
October 29, Wednesday
- •21:00 Fed Interest Rate Decision (Expected: 25bp Cut)
- •21:30 Powell’s Statements
- •23:05 Microsoft, Alphabet, EBay Earnings Reports
- •INJ New Token Burn System
- •TREE Unlocking (6.12%)
October 30, Thursday
- •15:30 U.S. GDP Preliminary Quarterly Data (Expected: 3%, Previous: 3.8%)
- •16:15 European Central Bank Interest Rate Decision (Expected: 2.15%)
- •20:15 Fed/Logan
- •23:00 Amazon, Strategy Earnings Reports
- •23:30 Apple Earnings Report
- •Potential meeting between Trump and Xi
- •ILV Announcement
- •Cronos EVM 1.5.0
- •ZORA Unlocking (4.55%)
October 31, Friday
- •15:30 U.S. PCE Data (Previous: 2.9%, contingent on shutdown ending)
- •October 27-31: Arcblock (ABT) Partnership Announcement
- •16:30 Fed/Logan
- •19:00 Fed/Hammack and Bostic
- •OP Unlocking (1.71%)
- •XMR Proton Payment Announcement
- •IMX Unlocking (1.24%)
November 1, Saturday
- •SUI Unlocking (1.21%)
- •EIGEN Unlocking (12.1%)
November 2, Sunday
- •ENA Unlocking (0.6%)
- •Sonic Main Update