Fed Interest Rate Decision and a Potential Merger: Crypto Week Ahead

Why It Matters

Technical upgrades and network events (Ethereum testnet fork, Cronos and HashKey changes) add protocol‑level catalysts; outcomes could reshuffle miner and exchange valuations and influence liquidity and risk appetite across crypto markets.

Summary

This week’s crypto calendar centers on the Federal Reserve’s Oct. 29 interest‑rate decision — markets expect a 3.75–4.0% Fed funds target range — which is poised to be the primary macro driver for digital assets as bitcoin trades near $115,307 and ether near $4,163. Key industry events include Core Scientific’s Oct. 30 shareholder vote on a proposed merger with CoreWeave and related pay packages, Coinbase’s Oct. 30 earnings, and Paxful’s planned shutdown by Nov. 1. Technical upgrades and network events (Ethereum testnet fork, Cronos and HashKey changes) add protocol‑level catalysts; outcomes could reshuffle miner and exchange valuations and influence liquidity and risk appetite across crypto markets.