Fed Decision, GDP and PCE Data Put Crypto Markets to a Two-Week Test
Photo: TokenPost
Bitcoin (BTC) exchange-traded funds drew about $1.075 billion in net inflows over three sessions from Oct. 19 through Oct. 21, but HTX Research researcher Chloe said the buying has not established a durable shift in market direction. A Federal Reserve decision, U.S. growth data and an inflation report scheduled for next week will put the tentative rebound against a concentrated set of policy and economic signals. The Fed is scheduled to announce its decision at 2 p.m. ET Wednesday, Oct. 28, and hold a news conference at 2:30 p.m. The U.S.
Source: TokenPost
