Ethereum Price Prediction: Key Data Releases to Watch This WeekEthereum's price movement this week is expected to be influenced by several key data releases. Investors should pay close attention to:I
Ethereum Price Prediction: Key Data Releases to Watch This Week
Ethereum's price movement this week is expected to be influenced by several key data releases. Investors should pay close attention to:
I. Key Focus
1. Bank of Canada Interest Rate Decision on October 23rd at 9:45 PM. The Bank of Canada's interest rate decision may affect market risk appetite, consequently impacting Ethereum's price movement.
2. Initial Jobless Claims (thousands) for the week ending October 19th in the US, released on October 24th at 8:30 PM. This data reflects the status of the US job market, influencing market sentiment and Ethereum's price trajectory.
3. University of Michigan Consumer Sentiment Index Final Reading for October released on October 25th at 10:00 PM. The consumer confidence index is an indicator of market sentiment regarding future economic conditions. Fluctuations may impact market mood and Ethereum's price movement.
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