This image releases the impact on cryptocurrency:

✅ Federal Reserve policy and the trend of the dollar:

If the Federal Reserve's meeting minutes or officials' speeches release "hawkish" signals (such as implying interest rate hikes), it may push up the dollar and suppress the prices of risk assets like Bitcoin.

If the attitude is "dovish" (such as an increase in expectations for interest rate cuts), a weaker dollar may be favorable for cryptocurrency.

✅ Economic data and market sentiment:

U.S. employment/manufacturing data: If the number of initial jobless claims rises or the manufacturing index is weak, it may trigger concerns about an economic recession, driving risk-averse sentiment, and some funds may flow into cryptocurrency.

✅ Chinese policy: If China's policies to stabilize foreign investment or adjustments to loan interest rates release easing signals, it may boost confidence in Asian markets, indirectly benefiting the crypto market.

✅ Energy prices and inflation expectations:

If EIA crude oil inventories significantly decrease, it may push up oil prices and inflation expectations, reinforcing the Federal Reserve's tightening expectations, which would be bearish for cryptocurrency; conversely, if inventories increase, it may alleviate inflationary pressure.

✅ Market linkage risks:

If European economic data deteriorates (such as Germany's PPI falling more than expected), it may trigger a sell-off of global risk assets, and cryptocurrency may be affected as well. #地缘政治对比特币的影响