The new trading week is shaping up to be one of the most consequential in months for crypto investors.
After a brief rebound across major coins, market attention is now turning to a cluster of political and macroeconomic events that could decide whether momentum continues or fades.
Global Politics Take Center Stage
The spotlight falls squarely on Washington and Beijing, where U.S. President Donald Trump and Chinese President Xi Jinping are expected to meet for high-level talks on tariffs and trade relations. The outcome could reshape sentiment not only in equities but also in digital assets, which have recently responded positively to signs of diplomatic progress.
If negotiations go well, risk appetite could strengthen further, extending last week’s mild recovery. But a breakdown — or the implementation of new 100% tariffs and export controls on November 1 — could spark volatility and drive capital back toward defensive assets like Bitcoin and gold.
Central Banks Prepare to Move
Monetary policy will also dominate headlines. The Federal Reserve is widely expected to deliver a 25-basis-point rate cut on Wednesday, marking its second consecutive reduction this year. Traders will listen closely to Fed Chair Jerome Powell’s remarks for any signal about whether this easing cycle will continue into 2026.
Across the Pacific, the Bank of Japan will release its policy decision early Thursday, followed later in the day by the European Central Bank, which is likely to hold rates steady. Markets will parse both announcements for clues on how global liquidity conditions may evolve.
Altcoins in Focus
While macro events steal the spotlight, several major altcoin developments are on the calendar.
Ripple (XRP) begins the week by partnering with Immunefi on a $200,000 “Attackathon,” a bug-bounty initiative aimed at testing the new XRPL native lending protocol.
Ethereum (ETH) faces a crucial regulatory milestone as the SEC’s final decision deadline for an Ethereum Spot ETF with staking arrives on Thursday — a ruling that could shape sentiment across the entire altcoin market.
Illuvium (ILV) is expected to release an update or new feature announcement, keeping gaming-token investors alert.
Economic Data and Earnings Round Out the Week
Friday brings a wave of macroeconomic releases:
The Eurozone Consumer Price Index is forecast to cool slightly to 2.1%, while
The U.S. Core PCE Price Index — the Fed’s preferred inflation gauge — is expected to hold steady at 0.2% month-over-month, with the annual rate at 2.9%.
In corporate news, Coinbase will report quarterly earnings on Friday night, giving investors a snapshot of trading activity, custody growth, and institutional inflows during the recent market rebound.
What to Expect
Between monetary shifts, trade diplomacy, and high-profile crypto milestones, this week’s convergence of events could inject fresh volatility into digital assets. A dovish Fed and progress in U.S.–China talks might reinforce the bullish tone seen in late October, while setbacks on either front could test investor conviction.
With the year’s final quarter underway, crypto markets are entering a decisive period — one that may determine whether recent optimism marks the start of a broader rally or another short-lived relief bounce.
