Next week's macro outlook: The Federal Reserve will release the Beige Book on economic conditions, and August's non-farm payrolls are coming

ChainCatcher news, according to Jinshi reports, the cryptocurrency market experienced a significant sell-off this week, following a relatively strong performance last week. With volatility decreasing and key data set to be released next week, some relatively weak highs have formed. Bitcoin faces a double top risk and has not provided much in the way of measures to counter its impact, while Ethereum further retraced after hitting a new high last Saturday. Here are the key points the market will focus on in the new week (all in Beijing time):

• Wednesday 21:00, 2025 FOMC voting member and St. Louis Fed President Bullard will speak on the U.S. economy and monetary policy;

• Thursday 01:30, 2026 FOMC voting member and Minneapolis Fed President Kashkari will participate in a fireside chat;

• Thursday 02:00, the Federal Reserve will release the Beige Book on economic conditions;

• Thursday 23:30, FOMC permanent voting member and New York Fed President Williams will speak at the New York Economic Club;

• Friday 07:00, 2025 FOMC voting member and Chicago Fed President Goolsbee will give a speech;

• Friday 20:30, U.S. August unemployment rate, August seasonally adjusted non-farm payrolls, average hourly earnings year-on-year, month-on-month.