Next Week's Macro Outlook: The Federal Reserve to Release Beige Book on Economic Conditions, August Nonfarm Payrolls Incoming

BlockBeats News, August 30 — The cryptocurrency market experienced significant sell-offs this week, following a relatively strong performance last week. With volatility declining and key data set to be released next week, some relatively weak highs have formed. Bitcoin faces the risk of a double top and has not provided much resistance against its impact, while Ethereum pulled back further after hitting a new high last Saturday. The following are the key points the market will focus on in the coming week (all times UTC+8):

Wednesday 21:00 (UTC+8): 2025 FOMC voting member and St. Louis Fed President Musalem will deliver a speech on the US economy and monetary policy;

Thursday 01:30 (UTC+8): 2026 FOMC voting member and Minneapolis Fed President Kashkari will participate in a fireside chat;

Thursday 02:00 (UTC+8): The Federal Reserve will release the Beige Book on economic conditions;

Thursday 23:30 (UTC+8): Permanent FOMC voting member and New York Fed President Williams will speak at the Economic Club of New York;

Friday 07:00 (UTC+8): 2025 FOMC voting member and Chicago Fed President Goolsbee will deliver a speech;

Friday 20:30 (UTC+8): US August unemployment rate, August non-farm payrolls (seasonally adjusted), average hourly earnings (year-on-year and month-on-month).