Important Economic Events This Week and Their Impact on the Crypto Markets

Updated

October 21, 2025

Gambar Important Economic Events This Week and Their Impact on the Crypto Markets

Jakarta, Pintu News – The crypto market, fresh from last week’s sharp decline, is now looking ahead to some key economic data from the United States that will be released this week.

With speeches from Federal Reserve Governors and economic reports such as jobless claims and inflation data, investors are expected to get fresh clues on the direction of US monetary policy which could have a major impact on risky asset markets including crypto.

Impact of Federal Reserve Governor’s Speech

From October 20 to 22, markets will be watching a series of speeches from Federal Reserve Governors. These speeches are very important as they can provide signals about the next steps of monetary policy, especially regarding interest rates. Statements that are hawkish, or indicate the possibility of policy tightening, could pressure the prices of riskier assets such as Bitcoin and Ethereum .

Conversely, if the speeches tend to be dovish, indicating a possible interest rate cut, this could be a breath of fresh air for the crypto market. Investors and analysts will be paying close attention to the nuances and wording used by the governors in their speeches, looking for clues on upcoming policies.

Also read: Analysts Forecast Ethereum (ETH) to Surge to $10,000, What Are the Key Factors?

Initial Unemployment Claims Report

The initial jobless claims report to be released on October 23, Thursday, is another important indicator. This report is considered a thermometer to measure the health of the US labor market. If the number of claims increases, it could indicate that the labor market is starting to weaken, which in turn could affect the Federal Reserve’s monetary policy.

A decline in jobless claims is usually interpreted as a positive sign for the economy, but in the current context, a lower number could also support the assumption that the economy is still quite strong, thus reducing the likelihood of an interest rate cut. Therefore, this data will be closely scrutinized for its impact on monetary policy and crypto markets.

Inflation and Services PMI Data

On October 24, Friday, markets will be faced with two important data releases: Consumer inflation data (CPI) and the services sector Purchasing Managers’ Index (PMI). The CPI data which is expected to stabilize at 2.9% could provide more clarity on inflationary pressures and potential next steps by the Federal Reserve. Stability of inflation at that level could support the argument for further interest rate cuts.

Meanwhile, the services PMI data will provide a snapshot of the performance of the services sector, which is a large component of the US economy. A reading above expectations could strengthen the US dollar and put pressure on crypto prices, while a reading below expectations could weaken the dollar and support a rise in crypto prices.

Conclusion

This week is filled with economic events that could greatly affect the crypto market. From Federal Reserve Governor speeches to important economic reports, each announcement has the potential to move the markets. Investors are expected to remain vigilant and ready to adjust their strategies based on the latest data and market dynamics.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

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