April Economic Reports & Crypto Impact 🚨
CPI (Consumer Price Index): Thursday, April 10, 2025 – 8:30 AM ET
PPI (Producer Price Index): Thursday, April 10, 2025 – 8:30 AM ET
Jobless Claims: Thursday, April 10, 2025 – 8:30 AM ET
FOMC Meeting Minutes: Wednesday, April 10, 2025 – 2:00 PM ET
ET means United States Eastern time.
April Economic Reports & Crypto Impact 🚨
The upcoming April 2025 economic reports could have a significant impact on the crypto market. Here's what to watch for:
CPI (Consumer Price Index): Rising inflation could drive investors toward Bitcoin and other cryptos as a hedge against inflation. If inflation remains high, expect increased demand for crypto.
PPI (Producer Price Index): Higher PPI may signal rising production costs and inflation, potentially pushing more people to consider crypto as a safer investment.
Jobless Claims: An increase in jobless claims could signal economic trouble, possibly leading investors to flock to crypto as a store of value. On the other hand, a decrease may suggest a stronger economy, reducing demand for crypto.
FOMC Minutes: Hawkish signals (rate hikes) could hurt crypto, while dovish tones (rate cuts) could boost it, as lower interest rates often make crypto more appealing.
Keep an eye on these reports, as they can trigger volatility and shape market sentiment for the coming month. Stay informed, and adjust your strategies accordingly! 💥📉📈$BTC
