This week, there are some important data points to watch if you're trading crypto. Earnings reports from major mining companies like Hive and Riot will be released, and those usually move the market quite a bit. But the most anticipated event is the Fed's interest rate decision.



If you don't know, the Fed's minutes are basically a complete document of what was discussed and decided during their meeting. From these minutes, we can see macroeconomic sentiment in more detail, not just the interest rate numbers. This is very important for predicting crypto market movements next week.

So basically, watch out for earnings data and especially for the Fed minutes. Both can trigger significant volatility in the market. If you're a swing trader, this is a good time to prepare your strategy.
HIVE-0.49%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin