Bitcoin trader tracks these 3 US economic signals this week


Bitcoin price over voltage activity Intensifying right now when traders are focusing on three critical American economic signals this week. Bitcoin price is driven by Fed Rate lowers expectationsand even by potential US government suspensiontogether with Strong crypto ETF inflows As access, bitcoin is constantly testing high territory.

Fed Schedule October 8-9
Fed Schedule 8-9 October source: Market watch

Federal Reserve officials are scheduled to speak all week and Fomc Minutes from the September interest rate meeting will be released on Wednesday at. 14.00. The market participants analyze how Fed Rate lowers expectations can actually affect the ongoing Bitcoin price over voltage, especially when Bitcoin recently hit a bitcoin at $ 125,506.00.

Key USA’s financial events affecting bitcoin’s short -term prospects

Bitcoin BTC US DollarBitcoin BTC US Dollar
Source: Chris Ratcliffe / Bloomberg

An analyst had this to say:

“Strong finish for crypto last week especially for BTC but also for ETH which closed over 4500! This week we basically have the FOMC minutes on Wednesday but these do not include financial forecasts so they will not affect the markets as much.”

Also read: Stimulus Check 2025: IRS denies $ 2,000 Trump Payment Rumors

Fed speakers and financial data

Several Federal Reserve officials speak this week and Chairman Jerome Powell is set to deliver Notes On Thursday morning too. Economists look closely at the unemployed claims data that are planned for Thursday as an early economic indicator.

“Claims of the unemployed are the early warning system for the economy. First warning: 260K Lowing Burning Risk: 300K+ On 4-week average. When claims have crossed these lines, the labor market has historically changed from healthy to procurement, an important risk of shares.”

The interaction between the Fed Rate expectations and the Crypto ETF inflows continues to support Bitcoin price over voltage, and traders also position for potential volatility around these scheduled events.

Bitcoin price action

Bitcoin -price diagram showing at
Bitcoin Price diagram showing ATH – Source: Beincrypto

Bitcoin’s latest Bitcoin All-Time High has traders who judge whether the US government’s suspension can actually affect speed. At the time of writing, the supply holds over $ 123,000, and Crypto ETF inflows also remain strong as institutional interest continues even now.

Also read: Coinbase increases as $ 1B Bitcoin loan, UBI and Sec Clarity Collide





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