The cryptocurrency market is about to enter an extremely important week as the U.S. releases a series of economic data that could shape expectations about interest rates in the near future. Bitcoin and altcoins could experience significant volatility based on this news.
Below is the exact schedule for the publication of U.S. economic data (Vietnam time):
🚩 Tuesday (29/04 – 9 PM):
JOLTS Job Openings – Number of job openings in the U.S.
→ Signals about the heat of the labor market, affecting the Fed's decision.
🚩 Wednesday (30/04):
7:15 PM: ADP Non-Farm Employment Change – Private sector employment, a predictor for official Non-Farm data.
7:30 PM:
Advance GDP q/q: Q1 economic growth.
Employment Cost Index q/q: Labor costs, related to inflation pressure.
9 PM: Core PCE Price Index m/m – The most important inflation index that the Fed monitors.
🚩 Thursday (01/05 – Vietnam time):
7:30 PM: Unemployment Claims – Weekly unemployment benefit claims.
9 PM: ISM Manufacturing PMI – U.S. manufacturing sector health index.
🇻🇳🇺🇲 Friday (02/05 – 7:30 PM): Special warning!
Average Hourly Earnings m/m: Average wage growth – an important factor affecting inflation.
Non-Farm Employment Change: Non-farm employment data – news that could cause the most significant volatility this month!
Unemployment Rate: National unemployment rate.
📈 Why should the crypto market pay attention?
#Fed is under pressure from both sides: inflation remains high, but the economy shows signs of slowing.
If employment and inflation data are strong, the market will worry that the Fed will keep interest rates high for longer → negative for risk assets like crypto.
Conversely, weaker-than-expected data could raise expectations for interest rate cuts → positive for Bitcoin and altcoins.
✨️ Advice for crypto investors:
Avoid using high leverage during data release times.
Consider locking in profits or reducing risks before 7:30–9 PM on Wednesdays to Fridays.
Especially on Friday night (02/05) is an extremely sensitive time – watch the market's reaction closely, avoid FOMO.
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