Traders eye Binance hack aftermath, US midterms and jobs data this week
CoinDesk's weekly preview highlights three items for the week starting Nov. 2: the fallout from the Binance hack, the U.S. midterm elections, and the U.S. jobs report. Exchange security news can affect crypto sentiment, while election and jobs news can shift broader market risk appetite. Traders may want to track all three.
Why it matters
- The Binance hack fallout is a crypto-specific story that could keep exchange security in focus.
- The U.S. midterm elections are on the calendar for the same week as the jobs report.
- Jobs data and political events can influence risk appetite across crypto and gold markets.
What to watch next
Watch how the Binance hack fallout develops alongside the U.S. jobs report during the week starting Nov. 2.
