Crypto week ahead: 5 events that could move Bitcoin this week

Bitcoin has entered the October 19–23 trading week near $82,800 after briefly falling below $80,000, with five scheduled US economic and corporate developments drawing attention ahead of the Federal Reserve’s next interest rate decision. Summary Bitcoin traded near $82,800 on October 19 after falling below $80,000 during the previous week. Meta and Tesla earnings on Wednesday could influence technology stocks and investor appetite for crypto risk. Wednesday’s US oil inventory report arrives as energy prices continue adding pressure to inflation expectations nationwide. Thursday’s jobless claims will offer another reading on employment before the Federal Reserve’s October policy meeting. Friday’s PMI and consumer sentiment releases will provide fresh information on business activity and expected inflation. According to CoinGecko, Bitcoin traded at approximately $82,800 at press time, gaining 1% over the preceding 24 hours while remaining around 1.1% lower over seven days. Its reported weekly trading range extended from $79,806 to $84,231. The cryptocurrency has recovered from its recent low, although prices remain below levels recorded earlier in October. Attention now turns to corp...