Krutika Adani
The crypto world is on edge as major US economic events and data releases this week could shake the markets.
Crypto investors should monitor this week’s critical economic data closely, as it could impact asset sentiment and price direction.
The Q3 GDP report will reveal whether the economy expanded at the predicted 3.2% or higher.
October’s Nonfarm Payrolls report will reflect the state of US employment.
Earnings from mega-cap companies, including Alphabet, Microsoft, Meta, Amazon, and Apple, will also play a role.
The countdown to the US election has traders on edge, with Republican nominee Donald Trump leading prediction markets against Kamala Harris.