Last weekend, the cryptocurrency ecosystem saw a sudden but massive spike in bullish momentum. As a result, many altcoins saw a huge rally. For exampl
e, Chainlink’s LINK token rallied 21% on Saturday, Solana’s SOL token surged 12%, while Bitcoin price tagged $30,000 and is hovering close to $31,000. This uptick has pushed many investors to believe that this is the start of a bull rally. Read more:Here’s what to expect from Bitcoin price after false ETF approval rumors Has crypto’s bull run begun? Bitcoin price threatened the 2023 bull rally in September when it formed a weekly lower low at $25,386.
BTC/USDT 1-week chart Also read: Bitcoin Weekly Forecast: BTC bulls can make or break 2023 rally While Bitcoin price presents an ambiguous outlook, here are key events that could affect the broader markets. Fed Chairman Powell Speech – October 25 Core PCE Price Index – October 27. Fed Interest Rate Decision/Fed Press conference – November 1. Nonfarm Payrolls – November 3.
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