Key Developments This Week for Bitcoin and Crypto Investors

Key Dates and Developments That Could Affect Financial Markets This Week

Keeping up with macroeconomic news is just as important as technical analysis in the cryptocurrency market. We’ve compiled all the key developments that could affect financial markets between October 5 – October 11.

Tuesday, October 6

• Eurozone retail sales: The monthly retail sales figure for August will be released. (TSİ: 12.00) (Forecast: %0,4; Previous: -%0,6)

Wednesday, October 7

• Fed meeting minutes: The minutes of the September 15-16 FOMC meeting will be released. (TSİ: 21.00)
• U.S. consumer credit: The consumer credit figure for August will be released. (TSİ: 22.00) (Forecast: 12,5 billion dollars; Previous: 18 billion dollars)

Thursday, October 8

• U.S. jobless claims: Initial jobless claims for the week ending October 3 will be released. (TSİ: 15.30) (Forecast: 195K; Previous: 197)

Friday, October 9

• Preliminary Michigan Consumer Sentiment Index: The preliminary Michigan Consumer Sentiment Index for October will be released. (TSİ: 17.00) (Forecast: 48,1; Previous: 48,1)

Developments With Dates Yet to Be Announced

• Glamsterdam upgrade on the Sepolia testnet: Ethereum core developers will carry out the Glamsterdam upgrade on the Sepolia testnet, a critical rehearsal for bringing account abstraction improvements and data availability optimizations to mainnet.