Fed’s September rate decision could influence Bitcoin and the broader crypto market.
August CPI data may signal easing inflation, impacting Fed policies and crypto.
Political debate on September 10 could stir volatility in Bitcoin and crypto assets.
Cryptocurrency investors are gearing up for a pivotal September, with several major U.S. macroeconomic events on the horizon that could reshape their portfolios. The Federal Reserve’s interest rate decisions are particularly important, as they are likely to influence market dynamics. Positive or negative shifts in economic data can significantly impact investor sentiment and risk appetite, impacting the allure of assets like Bitcoin.
The month kicks off with the Non-Farm Payrolls (NFP) report on September 6th, providing insight into job creation and the unemployment rate. The July report revealed fewer job openings than anticipated, with only 114,000 jobs created. Observers anticipate 162,000 for August, and strong data could boost the economy and potentially spill over into the crypto markets, influencing Bitcoin’s price.
Prior to the NFP data, the Job Openings and Labor Turnover Survey (JOLTS) will provide an…
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