Next week, pivotal events such as the U.S. presidential election and the Federal Reserve's rate decision could significantly impact the crypto market. Following recent weak non-farm payroll data—the worst in four years—the market widely anticipates a 25-basis-point rate cut by the Fed.
Key Events Timeline:
Tuesday: 2024 U.S. presidential election begins, with Trump and Harris in a close race.
Wednesday: Bank of Japan releases September monetary policy meeting minutes (23:50 UTC on Tuesday); U.S. Treasury announces new debt issuance plan (13:30 UTC).
Friday: Fed interest rate decision (19:00 UTC Thursday), potentially indicating future policy directions.