Microsoft considers bitcoin, UBS launches tokenized fund, and MicroStrategy will buy $42B in BTC

Crypto markets faced a volatile week as key macroeconomic events approached, with the upcoming US presidential election and anticipated Fed rate decision fueling uncertainty in risk assets.

Bitcoin (BTC) rose 1.7%, ether (ETH) declined 1%, Solana (SOL) fell 8.2%, and the Nasdaq Crypto IndexTM (NCITM) was down 0.5%. Microsoft to consider bitcoin investment starting December.