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Crypto bulls are taking a breather following a strong rally, with bitcoin down roughly 1% since Friday and dropping more than 2% over the last 24 hours as it pulls back from the $84,000 threshold.
Investors are digesting the recent price surge while turning their focus to a packed macro slate following last week’s hawkish Federal Reserve rate hike, which raised the benchmark target rate to 4%.
The macro calendar centers on midweek U.S. jobless claims alongside key updates on housing and durable goods figures. Meanwhile, cross-asset markets continue to evaluate the broader policy path in the wake of recent rate decisions from the Bank of Japan and Bank of England.
What to Watch
(All times ET)
- Crypto
- Sept. 28: Solana opens the activation window for its major Alpenglow consensus upgrade, replacing TowerBFT with the new Votor protocol to reduce voting transaction overhead across the network.
- Macro
- Sept. 29, 9:00 a.m.: U.S….
