Top 3 Crypto Events that Could Impact the Market in October 2026

The crypto market enters October’s final weeks near $2.74 trillion, with several Crypto Events drawing attention across digital assets. 

Bitcoin price trades at $82,000, Ethereum is at nearly $2,421, and XRP is valued at roughly $1.30.

Ad

Ad

Federal Reserve Interest Rate Decision — October 28

The Federal Reserve meets on October 27–28, with its policy announcement scheduled for October 28 at 2:00 p.m. Eastern. The accompanying press conference starts at 2:30 p.m., offering further guidance about inflation, employment, and the interest rate outlook.

The current federal funds target range stands at 3.75%–4.00%, following September’s quarter-point increase. Market expectations remain sensitive to incoming figures, particularly inflation readings and employment reports released before the meeting.

Ad

Ad

Ethereum’s Glamsterdam Upgrade on Hoodi — October 26

Ethereum’s Glamsterdam upgrade is scheduled for Hoodi on October 26 at 17:42:48 UTC, according to the Ethereum Foundation. The activation will test changes affecting block production, transaction validation, and gas accounting across the network.

Hoodi’s gas limit will also increase to 200 million, giving developers another opportunity to assess performance under updated rules. If it works, the testing will also bolster the confidence of people in Ethereum’s development path, but the impact on the market will depend on the market environment.

Finally, it may be necessary for developers to do more testing or tweak deployment approaches before taking it further in case of any technical problems. The Foundation has not announced a mainnet activation date, leaving the timing of wider deployment undecided. The Hoodi deployment itself will not reduce Ethereum mainnet fees or immediately increase the network’s transaction capacity.

Bitcoin and Ethereum Monthly Options Expiry — October 30

Deribit’s monthly Bitcoin and Ethereum options expire on October 30 at 08:00 UTC, the month’s final Friday. The exchange determines delivery prices using the relevant index’s average between 07:30 and 08:00 UTC.

Traders approaching settlement may close contracts, shift exposure into later expiries, or adjust hedges as market prices fluctuate. These modifications may exacerbate short-term volatility in prices, particularly if there are lots of outstanding shares that are concentrated around the strike price.

However, expiry alone provides no reliable indication of whether Bitcoin or Ethereum will move higher or lower. Position sizes, liquidity, and the market’s preceding direction will determine how strongly this settlement affects trading.

Other Top Crypto Events To Watch This Week

Before those Crypto Events, the October 19–23 economic calendar brings additional signals about growth, inflation, and financial conditions.

Tuesday features ADP’s weekly employment update alongside housing releases, offering fresh evidence about hiring and property demand. 

Oil data for Wednesday may affect the price of energy, and demand for Treasury auction offers may influence the cost of borrowing for the government.

🚨 NEXT WEEK COULD BE BRUTAL FOR THE U.S. STOCK MARKET.

Wall Street is already under pressure from rising inflation, surging bond yields, and growing concerns about the AI debt boom.

And several major events next week could trigger even more volatility.

MONDAY: U.S. markets reopen amid rumors of a major AI fund blowup, although no collapse has been confirmed.

TUESDAY: ADP employment data and U.S. housing data. Weak numbers could raise fears of an economic slowdown just like 2007-08.

WEDNESDAY: U.S. oil inventory data and a $13 BILLION 20-year Treasury auction. Weak bond demand could push yields even higher, while low inventory data could pump oil prices, making the inflation situation worse.

THURSDAY: U.S. jobless claims and mortgage rates. More signs of weakness could increase recession concerns.

FRIDAY: S&P Global Manufacturing and Services PMI. This will show whether business activity is slowing while inflation pressures remain high and bond yields hit multi-decade highs.

And all of this is happening a week before the Fed’s October 27–28 meeting.

With inflation rising, bond yields above 5%, and AI stocks already under pressure, next week could bring another major market selloff.

— Crypto Rover (@cryptorover) October 17, 2026

Thursday’s jobless claims will provide another employment reading, with mortgage rate updates adding context about household financing pressures. 

Friday’s preliminary manufacturing and services PMIs will indicate whether business activity and pricing pressures are strengthening or easing.