{"id":151750,"date":"2025-02-24T15:21:49","date_gmt":"2025-02-24T13:21:49","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=151750"},"modified":"2025-02-24T15:21:49","modified_gmt":"2025-02-24T13:21:49","slug":"key-us-economic-data-to-come-that-could-impact-the-crypto-market","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/key-us-economic-data-to-come-that-could-impact-the-crypto-market\/","title":{"rendered":"Key US economic data to come that could impact the crypto market"},"content":{"rendered":"
Bitcoin is currently hovering around $95,000, with upcoming economic data expected to determine its next big price move.<\/p>\n
On Tuesday, the University of Michigan will release its consumer confidence index, which is expected to drop slightly from 104.1 to 102.4. While consumer confidence doesn\u2019t typically move crypto markets as much as events like the Fed raising interest rates, it does reflect sentiment around spending and investment, which could affect Bitcoin<\/a><\/strong>.<\/p>\n Thursday\u2019s jobless claims data, reflecting new filings, offers a snapshot of the labor market. A rise in the number of claims signals economic weakness, which often causes investors to shy away from riskier assets like Bitcoin. Conversely, a drop can indicate a strong job market, which boosts confidence in riskier investments like cryptocurrencies<\/a><\/strong>.<\/p>\nInitial jobless claims<\/h3>\n