The upcoming U.S. CPI and jobless claims data are poised to shake up the crypto market. As macroeconomic indicators, they directly impact investor sentiment and risk appetite. A higher-than-expected CPI might signal inflationary pressure, potentially prompting the Fed to stay hawkish. That’s bearish for risk assets—including crypto. On the other hand, weak jobless claims could point toward a weakening labor market, increasing the probability of rate cuts later this year. Smart money watches these indicators closely. Will Bitcoin hold above $70K, or will macro fears trigger a pullback? This week’s data drop could define April’s market structure.
