Macro researcher Adam from Greeks.live highlighted crucial events scheduled for the week of October 14-20, which hold significant implications for both traditional and cryptocurrency markets. The crypto market is poised for volatility this October, with notable fluctuations anticipated, especially surrounding the U.S.
elections. Key Macro Insights: The market is largely synchronized in its expectations regarding the next Federal Reserve rate cut, which may limit immediate impacts on market movements. However, as the election approaches, ongoing developments are set to drive market sentiment, with participants eager for clarification leading up to the U.S.
elections. Current polling indicates that Vice President Kamala Harris holds a narrow 2% lead in approval ratings, while data from Polymarket suggests that former President Donald Trump enjoys a 10% higher approval rating among the electorate. Major Events from October 14-20: - **Monday, Oct. 14:** Neel Kashkari, a voting member of the 2026 FOMC and President of the Minneapolis Fed, will engage in a panel discussion at 21:00 ET. - **Tuesday, Oct.
15:** Fed Governor Christopher Waller is scheduled to discuss the economic outlook at 03:00 ET. Additionally, Mary Daly, President of the San Francisco Fed, will speak at NYU’s Stern School of Business at 23:30 ET. - **Wednesday, Oct. 16:** Fed Governor Adriana Kugler will deliver a speech at 01:00 ET.
This day will also see the release of the UK’s September Consumer Price Index (CPI) at 14:00 ET. - **Thursday, Oct. 17:** Noteworthy releases include the Eurozone September CPI at 17:00 ET and the ECB's interest rate decision at 20:15 ET. Economic data pertinent to the U.S. will include initial jobless claims and the September retail sales data at 20:30 ET, followed by a press conference with ECB President Christine Lagarde at 20:45 ET. - **Friday, Oct.
18:** Neel Kashkari will deliver another speech at 22:00 ET. Crypto Market Outlook: The cryptocurrency space is anticipated to experience ongoing volatility throughout October, fueled by macroeconomic updates and uncertainties surrounding the elections. As of now, Bitcoin's implied volatility (IV) is perceived at a medium level, though analysts predict heightened fluctuations in the lead-up to and following the U.S.
elections. Traders are likely to maintain a vigilant focus on macroeconomic events such as the speeches from Federal Reserve officials and Eurozone CPI data, as these can generate sharp movements within digital asset markets. The intersection of crucial economic indicators and election dynamics is expected to sustain elevated levels of crypto volatility in the forthcoming weeks..