Crypto week ahead: 4 events Bitcoin traders should watch

Bitcoin and the broader cryptocurrency market have entered a busy trading week, with U.S. midterm elections, employment reports, major technology earnings and Federal Reserve commentary scheduled between November 2 and November 6. Summary Bitcoin price has entered November near $78,600 after losing more than 7% during October. The November 3 U.S. midterm elections could change control of Congress and influence expectations for fiscal and regulatory policies. September JOLTS data and October nonfarm payrolls will provide fresh evidence about the U.S. labor market. Apple, Palantir, AMD and Super Micro Computer earnings will test investor appetite for technology stocks. Federal Reserve commentary and Bitcoin ETF flows remain in focus following the $6.3 billion Binance hack. According to the New York Fed’s economic calendar, investors will receive several updates on U.S. economic activity before Friday’s closely watched October employment report. Meanwhile, Tuesday’s congressional elections could change the political balance in Washington. Bitcoin recovered to nearly $78,600 during Monday’s Asian trading session, following a difficult October that left the cryptocurrency down more than...