Heads Up: A Major Critical Week Approaches – A Host of Economic Updates and Altcoin Events – See the Day‑by‑Day, Hour‑by‑Hour Schedule
The cryptocurrency market showed a modest rebound this week, driven by optimism around the upcoming US‑China summit. Anticipation of a meeting between President Trump and President Xi has buoyed sentiment. Traders also watch the Fed’s rate decision and several altcoin events for further direction. On Monday, October 27, XRP and Immunefi launched a $200,000 “Attackathon” to stress‑test the XRPL lending protocol. This initiative aims to improve security and attract developers. Wednesday, October 29, the Fed is set to announce a rate decision, with markets expecting a 25‑basis‑point cut, followed by a live statement from Chairman Powell. Thursday, October 30, Illuvium will release an announcement, and the SEC’s deadline to consider an Ethereum Spot ETF with staking arrives. The Bank of Japan and the European Central Bank will also disclose interest‑rate decisions, with the ECB likely holding rates steady and holding a press conference. Friday, October 31, the APEC Summit begins, alongside releases of Eurozone CPI and US Core PCE data, plus earnings reports from Coinbase and Strategy. Saturday, November 1, China‑US trade talks could trigger 100 % customs duties on Chinese imports if no agreement is reached.