#BTCMarketAlert
Bitcoin may stay steady this week as key US economic data rolls out
Bitcoin traders are watching closely as several big U.S. economic reports—like inflation, jobs, and manufacturing—are due this week. These reports could shake up market sentiment.
What’s happening:
Bitcoin has jumped over 10% in the last week, reaching close to $95,700.
The rally was helped by strong buying from big players and ETF-related announcements.
But with less news this week, buying might slow down—and that could lead to Bitcoin trading sideways.
What to watch for:
April 29: Job openings report (JOLTS) could show how businesses are reacting to trade tensions.
April 30: Core PCE report gives insight into U.S. inflation.
May 1: ISM Manufacturing data could reveal how businesses feel about the economy.
May 2: The jobs report could show whether the economy is slowing down.
If these reports match expectations, Bitcoin could climb again. But if there’s uncertainty or negative surprises, traders may become cautious.
Right now, Bitcoin is bouncing between $93,000 and $95,500—suggesting a pause while everyone waits for more data.