Crypto resilient post-Fed rate hike: Crypto Week Ahead

Paxful
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Crypto markets are demonstrating robust resilience to start the week, with bitcoin approaching the $84,000 threshold, for the time being at least shrugging off the immediate hawkish sentiment from last week’s Federal Reserve rate hike, which pushed the benchmark target to 4.00%.

The macro calendar centers on midweek U.S. jobless claims and housing and durable goods figures. Meanwhile, cross-asset markets continue to digest the policy path following recent rate decisions from the Bank of Japan and Bank of England.

On the market structure front, attention centers on the SEC opening its tokenized securities pilot framework.

What to Watch

(All times ET)

  • Crypto
    • Sept. 22: The SEC’s conditional 5-year exemption window opens, allowing select institutional venues to begin pilot trading of tokenized stocks directly on public blockchains.
  • Macro
    • Sept. 24, 8:30 a.m.: Canada Retail Sales MoM for August est. -0.8% (Prev. 0.6%)
    • Sept. 24, 8:30 a.m.: U.S. Initial Jobless Claims for period ending Sept. 19 est. 201K (Prev. 196K)
    • Sept. 24, 10:00 a.m.: U.S. New Home Sales for August est. 700K (Prev. 739K)
    • Sept. 25, 8:30 a.m.: U.S. Durable Goods Orders MoM for August est. -0.3% (Prev. 1.1%)
    • Sept. 25, 10:00 a.m.: U.S. Michigan Consumer Sentiment Index Final for September est. 47.8 (Prev. 51.7)
  • Earnings

Token Events

Conferences



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