On August 30, the Crypto Assets market experienced significant dumping this week, following a relatively strong performance in the previous week. Due to the decrease in fluctuation and the upcoming release of key data next week, some relatively weak peaks have formed. Bitcoin is facing a double top risk and has not provided much measure to combat its impact, while Ethereum further pulled back after hitting a new high last Saturday. Here are the key points that the market will focus on in the new week (all in Beijing time): Wednesday 21:00, 2025 FOMC voting member and St. Louis Fed President Bullard will speak on the U.S. economy and monetary policy; Thursday 01:30, 2026 FOMC voting member and Minneapolis Fed President Kashkari will participate in a fireside chat; Thursday 02:00, the Fed will release the Beige Book on economic conditions; Thursday 23:30, FOMC permanent voting member and New York Fed President Williams will speak at the New York Economic Club; Friday 07:00, 2025 FOMC voting member and Chicago Fed President Goolsbee will speak. Friday 20:30, U.S. August unemployment rate, August seasonally adjusted non-farm payrolls, average hourly wage year-on-year, month-on-month.
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Next week's macro outlook: the Fed will release the economic conditions beige book, and August non-farm payrolls are coming.
On August 30, the Crypto Assets market experienced significant dumping this week, following a relatively strong performance in the previous week. Due to the decrease in fluctuation and the upcoming release of key data next week, some relatively weak peaks have formed. Bitcoin is facing a double top risk and has not provided much measure to combat its impact, while Ethereum further pulled back after hitting a new high last Saturday. Here are the key points that the market will focus on in the new week (all in Beijing time): Wednesday 21:00, 2025 FOMC voting member and St. Louis Fed President Bullard will speak on the U.S. economy and monetary policy; Thursday 01:30, 2026 FOMC voting member and Minneapolis Fed President Kashkari will participate in a fireside chat; Thursday 02:00, the Fed will release the Beige Book on economic conditions; Thursday 23:30, FOMC permanent voting member and New York Fed President Williams will speak at the New York Economic Club; Friday 07:00, 2025 FOMC voting member and Chicago Fed President Goolsbee will speak. Friday 20:30, U.S. August unemployment rate, August seasonally adjusted non-farm payrolls, average hourly wage year-on-year, month-on-month.