A period of significant volatility is on the horizon, and it’s best to warn early. Through COINTURK, we regularly share evaluations and warnings about major developments. Next week marks a special period, with Bitcoin 
$78,121 currently over $110,600.
Warnings in Cryptocurrency
Preparing for the rise or fall in advance is possible. The news flow in cryptocurrency markets results in substantial outcomes, and the week of October 27 is precisely such a period. Several significant developments are anticipated. A detailed weekly calendar will be shared separately; the current topics could impact investors over the weekend as well.
China and US Negotiations
Treasury Secretary Bessent and US Trade Representative Greer have been in discussions with China. On October 30, President Trump and Chinese President Xi will meet in South Korea. Prior to this, both countries need to establish their leverage and take steps to secure advantageous positions.
The US is launching an investigation due to non-compliance with the 2020 China trade agreement. Although China had pledged to purchase $200 billion more of US goods, it has not done so. This investigation may prompt China to take balancing steps, which could negatively impact cryptocurrencies.
Concrete steps will be taken by both countries on tariffs and export restrictions by November 1. If an agreement isn’t reached by October 30, significant market-movement decisions will occur, reducing market risk.
Approaching October 30, we can expect important announcements and concrete actions from both countries. An agreement would repeat this year’s cycle of “tension, easing, agreement,” potentially leading to a rise in cryptocurrencies.
Fed Interest Rate Decision
On October 29, the Fed will announce a new interest rate decision, with a 25 basis point cut expected. Due to inflation dampening and alarming unemployment figures, the Fed had previously made its first cut of the year. This new cut will total a 50 basis point reduction.
Amid concerns over Russian sanctions and additional retaliations against China, the Fed may desire to remain cautious with future cuts. Powell’s tone during the Wednesday evening announcement will provide insight into this.
Cryptocurrencies need highlights on weakened unemployment and limited inflation increases. However, if Powell announces that inflationary risks have become predominant, the perception that rate cuts will “pause” will become priced into the market, negatively affecting cryptocurrencies.
Tariff Hearing
A new month begins next week, and before the tariff hearing on November 5, there will be statements from Trump. If the markets lean towards “cancellation of tariffs,” Trump may look for alternative actions, as previously seen with his threat to remove Powell or show disdain towards the court.
Trump’s team knows the strength of their position for the hearing; if weak, pre-announcements could occur regarding possible actions in the event of a “shock decision”.
Russia and Ukraine Tension
Trump stated that Ukraine does not need his permission to use long-range missiles. Additionally, he expressed support for Ukraine. Russia is not engaging in dialogue, and the US and EU are trying to corner Russia through joint sanctions.
Next week provides an appropriate time for geopolitical tension to rise. If Ukraine launches aggressive attacks, Russia may escalate tension by violating airspace or other provocations.
Elsewhere, Trump’s comments on drug cartels and potential signals for ground attacks on Venezuela have set the stage for new conflicts, increasing fear levels.
Cryptocurrency News Tracking
There will be a whirlwind of news throughout the week. Therefore, the CryptoAppsy news feed could facilitate your job. Tracking your portfolio while watching live news is possible here, making it easier by providing summaries and detail access.
