A busy US economic calendar awaits crypto markets with several major releases this week. On Wednesday, the Bureau of Economic Analysis will publish August Personal Income and Outlays data, including the PCE price index (the Fed’s preferred inflation gauge) and the final estimate of Q2 US GDP. These inflation figures could impact BTC and altcoins the most, with the Fed having already raised rates earlier this month for the first time in over three years. Friday’s jobs report, scheduled for release at 8:30 am ET, could shake crypto markets again, as last month’s stronger-than-expected report caused BTC and alts to fall immediately after its release. Twenty-two scheduled Fed speaker events are also planned throughout the week, adding another layer of market uncertainty.
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