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A Quiet Macro Week? These US Events Could Still Spark Bitcoin Volatility

A Quiet Macro Week? These US Events Could Still Spark Bitcoin Volatility

The new business week has started on the right foot, as after a highly dull and sluggish weekend, bitcoin has finally charted a minor increase to $63,500.

The following days have some important macro events in the United States that can further impact the market, albeit not as notable as the CPI data from last week or the actual FOMC meetings.

Although the calendar is considerably lighter, the Federal Reserve will return to the spotlight as investors attempt to determine what comes next for interest rates and the September meeting.

Fed Minutes in Focus CryptoPotato reported at the end of July that the US Fed maintained the interest rates unchanged for a fifth consecutive meeting, even though this one was the most uncertain since the COVID-19 outbreak in early 2020.

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Yes, most public blockchains (like Bitcoin and Ethereum) are transparent. Transactions can be traced back to public keys and wallet addresses, meaning that while they are pseudonymous (names are not directly tied to addresses), they are not completely anonymous.

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