4 US Economic Events That Could Move Bitcoin This Week as Markets Watch the Fed
Bitcoin traders are monitoring four key US economic events this week, including Fed commentary and inflation data, which will influence interest rate expectations and crypto market sentiment.Summary
Bitcoin is facing a macro-heavy week where four specific US economic events are expected to trigger sharp price movements. These events include a podcast interview with Federal Reserve Governor Stephen Miran, whose stance on stablecoins and potential future role in the Fed could influence market sentiment regarding monetary policy. Wednesday's US employment report is critical; weaker-than-expected job growth might support Bitcoin by increasing pressure on the Fed to ease policy, fitting the "bad news is good news" narrative for risk assets. Thursday's jobless claims will offer a more immediate labor market snapshot, potentially reinforcing or challenging the preceding trend. Finally, Friday's release of January's Consumer Price Index (CPI) and Core CPI figures is seen as the decisive catalyst, as inflation data directly drives Fed policy expectations. Cooler inflation could accelerate rate cut expectations, boosting Bitcoin, while sticky inflation would likely pressure speculative assets.
(Source：BeInCrypto)