Dear cryptocurrency traders,

This week (based on U.S. dates), a series of important economic events in the U.S. could significantly impact the global financial market, including cryptocurrencies. This data not only affects the USD (current USDX 97.9, the lowest point on 21/04/2025, according to #FXCE ) but also creates volatility for assets like Bitcoin ($93,300) and altcoins. To optimize trading strategies, traders need to closely monitor the following events:


Tuesday, 29/04/2025


  • S&P Case-Shiller Home Price Index (20 cities): This index reflects the health of the U.S. real estate market, an important factor influencing investor sentiment.


  • Job Openings (JOLTS): Forecast 7.4 million (previously 7.6 million). This data can impact expectations for Fed interest rates, directly affecting crypto prices.



Wednesday, 30/04/2025


  • ADP Employment Report: Forecast 110,000 new jobs (previously 155,000). This is an important indicator of the labor market ahead of the non-farm payroll report.


  • U.S. GDP: Forecast growth of 0.4% (previously 2.4%). A decline in growth could prompt the Fed to cut interest rates, supporting Bitcoin and altcoin prices.


  • PCE Inflation: Forecast 2.2% (previously 2.5%); Core PCE 2.5% (previously 2.8%). If inflation decreases, pressure to lower interest rates will increase, creating conditions for crypto price increases.



Thursday, 01/05/2025


  • Initial Jobless Claims: Forecast 226,000 (previously 222,000). This data reflects the health of the labor market, affecting investor sentiment.


  • Bank of Japan Interest Rate: Expected to remain at 0.5%. The stability of the Yen could indirectly impact capital flows into crypto, especially in the Japanese market (Metaplanet holds 4,855 BTC).



Friday, 02/05/2025


  • Non-farm Payrolls (#NFP ): Forecast 130,000 new jobs (previously 228,000). This is the most important event of the week, which could cause strong volatility for the USD and crypto.


  • Unemployment Rate: Forecast 4.2% (previously 4.2%). Stability or an increase in unemployment could affect the Fed's monetary policy.



Why Crypto Traders Should Pay Attention?

U.S. economic events have a significant impact on the crypto market through USD volatility, interest rate policy #Fed and global risk sentiment. For example, if GDP and inflation decrease, the Fed might cut interest rates, driving capital into assets like Bitcoin (the Bitcoin ETF just bought a net $3.062 billion last week). Conversely, strong employment data could strengthen the USD, putting pressure on crypto. With Trump easing trade war tensions and the Fed being more open to crypto, this is an important time for traders to leverage information from the U.S. to optimize their trading strategies.


Conclusion

Closely monitoring U.S. economic events this week is a key factor for crypto traders to seize opportunities and manage risks. Data from GDP, inflation, to non-farm payrolls can shape market trends in the short and medium term. Be prepared to anticipate volatility!


Risk Warning: Investing in crypto carries high risks due to price volatility and legal uncertainties. Please consider carefully before participating.