Bitcoin investors are closely watching this week’s US economic data releases, which could dictate BTC’s next move. With employment figures, inflation insights, and Federal Reserve commentary on the agenda, the crypto market is preparing for possible price swings. The focus is on whether weak economic data could fuel expectations of rate cuts, boosting Bitcoin’s appeal, or if strong reports could strengthen the dollar, pressuring BTC.
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Bitcoin Bull Run Ahead? 5 Key Economic Events That Could Fuel BTC’s Surge
Bitcoin investors are closely watching this week’s US economic data releases, which could dictate BTC’s next move. With employment figures, inflation insights, and Federal Reserve commentary on the agenda, the crypto market is preparing for possible price swings. The focus is on whether weak economic data could fuel expectations of rate cuts, boosting Bitcoin’s appeal, or if strong reports could strengthen the dollar, pressuring BTC.