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October U.S. economic data releases and Federal Reserve monetary policy decisions could increase volatility in the cryptocurrency market, including Bitcoin, CryptoPotato reported.
The September FOMC minutes are due at 6:00 p.m. UTC on Oct. 7. September CPI data will be released at 12:30 p.m. UTC on Oct. 14, followed by PPI data at 12:30 p.m. UTC on Oct. 15. The FOMC rate decision is scheduled for 6:00 p.m. UTC on Oct. 28, with the Fed chair’s press conference set to begin at 6:30 p.m. UTC. Markets are expected to watch both the rate decision and the Fed’s guidance on the future path of monetary policy.