Eyes on FED Minutes in Bitcoin! This Data Will Be Tracked Next Week!

Fluctuations in global markets can affect risk appetite in Bitcoin and cryptocurrencies. Especially the sharp movements in the dollar index can trigger the withdrawal in risky products.

Last week, we observed that Bitcoin diverged positively from the global markets, started its own movement and managed to break above $55,000.

Will this divergence continue, we will be watching with the opening in the indices.

The topics to be followed in the global markets this week are as follows:

• Leading US banks will announce their third quarter earnings. JP Morgan and BlackRock will release their quarterly reports on Wednesday, followed by Bank Of America, Wells Fargo, Morgan Stanley and Goldman Sachs.
• US consumer price inflation data will be released on Wednesday, US producer price inflation data will be released on Thursday, retail sales in the US will be released on Friday.
• The minutes of the FED’s September meeting, which is on the agenda of the markets with the reduction of asset purchases, will be published on Wednesday.
• The annual meeting of the IMF and World Bank will begin on Monday. Global tax issues and post-pandemic global economic issues are expected to be on the agenda.
• The economic data of the UK, which has been on the agenda with disruptions in the supply chain for a while, will be followed during the week.