Oh joy, oh rapture! 🎉 Q2 is here, and with it, a slew of US economic data that’ll put your crypto investments through a spin cycle 🔄. Buckle up, folks! 🚀
Traders and investors, gather ’round! You’ll be on the edge of your seats as a plethora of US economic data releases threatens to upend Bitcoin (BTC) and altcoin prices. Because, you know, volatility is just what you needed to spice up your week 😒.
5 US Economic Data To Watch (aka Your Week’s Stress Inducers)
These macroeconomic indicators will either make your crypto portfolio sing or cry – possibly both, because, why not? 🎶
“Buckle up—volatility’s knocking. Right on time for the monthly shake-up,” some wise guy on X quipped. 🙄
JOLTS (Job Openings and Labor Turnover Survey) – The Economy’s Confidence Booster (or Not)
April 1st (no foolin’!). This report’s like a window into employers’ souls. Strong job openings (> 7.7 million)? 🚀 US dollar up, Bitcoin down. Weak showings? 📉 Rate cuts, here we come! (Maybe.)
ADP Employment – A Sneak Peek at Payrolls (Don’t Get Too Attached)
Wednesday, April 2. Private-sector payrolls. Median forecast: 120,000. Beat it, and crypto might take a hit. Miss it (sub-77,000), and Bitcoin’s your new BFF 🤗.
Liberation Day – Tariffs, Trade Wars, and Crypto Chaos (Oh My!)
Also April 2. New tariffs might just crash the party (and markets). Analysts predict up to 15% crypto crashes. You’ve been warned 🚨.
“…new tariffs on all US imports,” said Joseph Politano, economic policy analyst. Because what could possibly go wrong? 🤷♂️
“April 2nd is like election night… 10x more important than any FOMC,” Alex Krüger predicted. No pressure 🙅♂️.
Initial Jobless Claims – The Weekly Labor Market Pulse (Don’t Have a Heart Attack)
Thursday, April 3. Fewer claims? 🙌 US dollar strong, crypto meh. More claims? 🚨 Crypto to the rescue! (Maybe, possibly, don’t quote me.)
US Employment Report (a.k.a. The Big Kahuna)
Friday, April 4. The main event. Strong report? 🚀 US economy’s got this, crypto’s meh. Weak report? 📉 Recession fears, Bitcoin cheers ( possibly, no promises 🤷♂️).
“BofA Securities expects a pickup in job growth for March. Keep an eye on those numbers,” crypto researcher Orlando noted, stating the obvious 🙄.
So, crypto enthusiasts, there you have it. Track those estimates, watch the markets flip out, and… well, good luck 🤞. Oh, and Fed Chair Jerome Powell will drop some knowledge on Friday at 11:25 a.m. EST. Because you weren’t anxious enough already 😅.
As of this writing, BTC’s at $82,192, down 1% in 24 hours. But hey, who’s counting? 🤑
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2025-03-31 12:46