Top Crypto Market Events To Watch This Week Ahead of U.S. Midterm Elections

As the November 3 U.S. midterm elections approach, the Crypto Market faces another potentially volatile week. 

Bitcoin price hovered at about $77,700 and Ethereum at around $2,266. XRP stands around $1.25 as of November 1, 2026. The overall cryptocurrency market cap is at $2.63 trillion with a 24-hour drop of 2.4%.

U.S. ISM Manufacturing PMI and Apple Earnings Could Shake Markets

The week begins with the U.S. ISM Manufacturing Purchasing Managers’ Index (PMI) on Monday, November 2. The October reading will give new data on manufacturing activity in the United States.

🚨 NEXT WEEK COULD BE ABSOLUTE CHAOS FOR THE GLOBAL MARKETS.

This Friday, over $3 Trillion was wiped out from the global markets.

And next week’s events are lining up in such a way that could cause even bigger volatility.

Here’s what’s coming:

Monday: U.S. ISM Manufacturing PMI, Apple earnings, and Fed Goolsbee’s speech.

We saw what happened with the US stock market after Google and Intel earnings, so if Apple misses, markets could dump hard.

Tuesday: U.S. midterm elections, JOLTS job openings, factory orders, and AMD earnings.

The market would be closely watching who could take the House and Senate.

Wednesday: Possible U.S. military strikes on Iran following the elections, ADP employment data, and ISM Services PMI.

Thursday: Challenger corporate layoffs report, weekly jobless claims, and U.S. productivity data.

Friday: U.S. nonfarm payrolls, unemployment rate, wage growth, and consumer sentiment.

So, this week we have big earnings, elections, job reports, and a possible war situation.

And that too when the markets are already looking weak, and there’s panic everywhere.

If anything turns against the market, every global asset could take a giant hit.

— Crypto Rover (@cryptorover) October 31, 2026

Economists will be looking at the improvement or deterioration of business conditions. A higher score in reading would help boost confidence in economic growth. But the slowdown in manufacturing could raise worries about waning demand.

Apple is expected to report the results of its quarterly earnings after Monday’s close. It may have an impact on technology stocks and market sentiment.

U.S. Midterm Elections Put Crypto Regulation and Market Sentiment in Focus

On November 3, American voters will head to the polls for the highly anticipated midterm elections. They will choose representatives to serve in both of the U.S. Congress.

There are 435 seats in the House of Representatives, and all of the seats are up for grabs in the elections. The House of Representatives has a two-year term of office, which means the full House is up for election.

In the meantime, 35 of the Senate’s 100 seats will also be up for grabs. Elected for six year terms, the elections for the Senators cover about a third of the chamber.

The outcome will decide if Republicans or opposition Democrats control Congress. Such a result may impact President Donald Trump’s prospects for passage of his agenda.

Also Tuesday will see September JOLTS job openings and factory orders data. These releases will offer more data on jobs demand and industrial activity.

AMD will also provide results after the market closes. Its outcome may impact technology stocks and overall risk appetite.

U.S. Nonfarm Payrolls and Unemployment Data Could Drive Market Volatility

The ADP employment and ISM Services PMI data come in on Wednesday, November 4. On Thursday, November 5, jobless claims and productivity data will be out.

October nonfarm payrolls, unemployment, wage growth and consumer sentiment are all out on Friday, Nov. 6. Such releases may impact interest-rate expectations and cryptocurrency valuations.

Professionals in the field foresee a job growth of 65,000 and unemployment at 4.2%. The average hourly wage is expected to rise by 0.3%.

Strait of Hormuz Could Reopen Within 48 Hours as Iran Sets Conditions

Iran says it may resume talks with Qataris within 48 hours, which could help ease the crisis in the Strait. Foreign Minister Abbas Araghchi presented a number of conditions to be met to achieve an agreement.

🚨 NEXT WEEK COULD BE ABSOLUTE CHAOS FOR THE GLOBAL MARKETS.

This Friday, over $3 Trillion was wiped out from the global markets.

And next week’s events are lining up in such a way that could cause even bigger volatility.

Here’s what’s coming:

Monday: U.S. ISM Manufacturing PMI, Apple earnings, and Fed Goolsbee’s speech.

We saw what happened with the US stock market after Google and Intel earnings, so if Apple misses, markets could dump hard.

Tuesday: U.S. midterm elections, JOLTS job openings, factory orders, and AMD earnings.

The market would be closely watching who could take the House and Senate.

Wednesday: Possible U.S. military strikes on Iran following the elections, ADP employment data, and ISM Services PMI.

Thursday: Challenger corporate layoffs report, weekly jobless claims, and U.S. productivity data.

Friday: U.S. nonfarm payrolls, unemployment rate, wage growth, and consumer sentiment.

So, this week we have big earnings, elections, job reports, and a possible war situation.

And that too when the markets are already looking weak, and there’s panic everywhere.

If anything turns against the market, every global asset could take a giant hit.

— Crypto Rover (@cryptorover) October 31, 2026

These comprise easing sanctions, fewer U.S. troops in the country, unfreezing assets and the reinstatement of oil exemptions. Tehran also wants an Iran-Oman shipping path and the end to local fighting to be recognized.

But the reopening depends on the acceptance of the demands by Tehran on Washington. If the issue arises, it could increase the geopolitical uncertainty and put pressure on financial markets around the world.