The crypto market is gearing up for a potentially volatile week in November 2024 due to three major US macroeconomic events. American elections, the development of the labor market, and the Federal Open Market Committee (FOMC) meeting could all significantly affect investors’ portfolios. Bitcoin is currently trading below $70,000 but is expected to rise further as the fourth quarter often goes well for pioneering cryptocurrencies.
These events, combined with Bitcoin’s potential upward movement, make this a crucial time to keep an eye on the market.
