1. JOLTS Report – Indicator for the Labor Market
On Tuesday, April 1, the JOLTS report will be published, presenting the number of job openings. Strong results (above 7.7 million job offers) would strengthen the dollar; however, they could weaken demand for cryptocurrencies, which often serve as a hedge in times of uncertainty.
2. ADP Employment – Early Signal of Changes in the Private Sector
Wednesday's publication of the ADP report will provide insight into employment in the private sector. A strong increase in employment may boost confidence in traditional markets, potentially contributing to pressure on cryptocurrency prices. Conversely, weaker data may steer investors towards alternative assets such as Bitcoin.
3. Liberation Day and New Tariffs
Upcoming announcements of tariffs, scheduled for April 2, may cause a market shock. New tariffs on imports from countries imposing trade barriers could lead to declines in stock and cryptocurrency markets by as much as 10-15%, analysts warn.
4. Initial Unemployment Claims
On Thursday, April 3, a report on initial unemployment claims will be published. Higher than expected numbers may suggest a worsening labor market situation, increasing demand for safe-haven assets such as Bitcoin.
5. Non-Farm Payrolls Report – The Culmination of the Week
Friday's publication of employment data (Non-Farm Payrolls) will be crucial. Strong results in this report could strengthen the dollar, limiting potential gains in cryptocurrencies, while weaker data may raise recession fears, which in turn could stimulate the cryptocurrency market as a safe haven.
Additionally, Fed Chairman Powell's speech, scheduled for Friday, will provide valuable insights regarding future interest rate moves and the overall economic condition of the USA.