As bitcoin ether , and other tokens look to stabilize after recent weakness, the market’s focus shifts to upcoming key events and data releases, including NVIDIA’s earnings report, the Federal Reserve meeting minutes, and the pivotal but delayed US jobs report.
Key data points and events can set the tone for the next market moves in both stocks and cryptocurrencies. Let’s see what to expect.
NVDA objects
NASDAQ-listed Chip Maker NVIDIA (NVDA) is scheduled to report third-quarter earnings on Wednesday after market hours. According to Market PulseWall Street expects Q3 revenue of $54.8 billion and non-GAAP EPS of $1.25. The AI chipmaker is currently worth about $4.42 trillion.
Bulls will closely watch for cues on Blackwell’s new GPU architecture delivery, exposure to China and guidance for the fourth quarter, hoping that the AI bullish theme remains intact through the end of the year.
Usually, corporate earnings reports have limited impact on the crypto market, but NVIDIA is a unique story as it is the largest publicly listed company in the world by market value and is the bellwether for all things Artificial Intelligence (AI).
It is GPUs playing a key role in AI training as well as blockchain technology, making it central to the AI-led bull run in stock and crypto from 2023. It is Recent collaborations With Anthropic comes a $30 billion compute deal with Microsoft to run on Nvidia’s latest Grace Blackwell and Vera Rubin Systems, underscoring Nvidia’s continued dominance in AI infrastructure.
NVDA’s strong earnings could liven up the uprising in all things AI, potentially recharging the engines of the Crypto Bulls.
Note that AI-related stocks, including NVDA, and cryptocurrencies have recently experienced a correction.
NVIDIA shares were up nearly 50% for the year at the end of October, briefly pushing the company above a $5 trillion market valuethe first in history to do so. The stock is up 31% year to date at $181 per share. Market jitters have appeared since late October, with the NASDAQ 100 down more than 6% from late October all-time.
BTC is down more than 25% to $90,000 from above $126,000 on October 8, Coindesk data shows. The combination of a lack of economic data, policy uncertainty and the government shutdown weighed on Bitcoin in recent weeks.
FOMC minutes
The minutes of the meeting of the Federal Fed of the Federal Reserve, where the rates of the central bank by 25 basis points to 3.75% to 4.00%, should be at 19:00 GMT Wednesday.
Market participants are looking for clues on the level of central bank cuts given the need for more easing in the coming months and the possibility of another cut in December.
More recently, the odds of a 25 basis point cut in December have fallen sharply at Nearluy coin release levels. Like writing, Polymarket And the CME Fedwatch The tool indicates that a holding is only slightly ahead of a 25 basis point cut.
The October meeting took place during the longest US government shutdown, delaying key data releases, adding to policy uncertainty. The government, however, reopened operations, making December 9-10 pivotal. This meeting includes a fresh summary of economic projections and a new interest rate “dot plot”.
Basic job data
On Thursday, the September Nonfarm Payrolls report, delayed by the government shutdown, will hit the wires, offering clues on the health of the labor market.
Nonfarm payrolls for September 2025 are forecast to show an increase of nearly 50,000 jobs, marking a slight improvement from the 22,000 jobs added in August, According to FactSet. The unemployment rate is expected to remain stable at 4.3%. While September’s gain will be better than August’s, it still falls short of the roughly 100,000 jobs per month pace observed at the start of the year.
A weak data could revive the Fed’s rate cut rates, inviting a bounce in risk assets, including BTC.
