Key Market Events and Updates for the Coming Week
- Bitcoin (BTC) is currently priced at $115,820.74 and Ethereum (ETH) at $4,216.99, with market participants anticipating potential movements in support or resistance levels.
- The Federal Reserve will announce its interest rate decision on October 29, expected to influence market dynamics significantly.
- Core Scientific (CORZ) will hold a virtual meeting on October 30 to discuss a merger vote with CoreWeave (CRWV).
- Ethereum’s Fusaka hard fork upgrade is set for application on the Hoodi testnet on October 28.
- P2P marketplace Paxful plans to cease operations by November 1, marking a significant exit from the market.
This week features critical events such as the Federal Reserve’s interest rate decision and Core Scientific’s merger vote, which could impact Bitcoin and Ethereum price movements significantly.
With Bitcoin priced at $115,820.74 and Ethereum at $4,216.99, traders are closely monitoring upcoming events that may affect these key cryptocurrencies’ performance in the market.
