These key macro event dates might impact crypto market per Santiment equities Bitcoin Cryptocurrencies $BTC
, the most important dates are related to the Oct. 13 CPI release and the Nov. 2 FOMC meeting."BTC's intraday volatility during last week’s FOMC meeting reached record highs. This shows why it’s worth paying attention to important macro events, and you should already mark the Sept U.S. CPI release on Oct 13 and the next FOMC press conference on Nov 2 in your calendar," it wrote in Twitter comments.
Per the schedule shared by Santiment, U.S. CPI release dates for the rest of the year are Oct. 13, Nov. 10, and Dec. 13. Meanwhile, the dates for FOMC meetings are Oct. 12 , Fed FOMC on Nov. 2 , Nov. 23 and Dec. 14 Fed FOMC meeting.indicate a"high risk" for Bitcoin during FOMC meetings. The Bitcoin dip on Sept. 13 resembled a similar pattern noted around 8-10 days before the FOMC meetings this year , whereby the price trended downward and rose after Fed Chair Jerome Powell’s speech.
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