US Economic Tremors Trigger Bitcoin’s Next Big Move - Here’s Why It Matters

Wall Street's favorite inflation gauges just sent shockwaves through crypto markets.

The Fed's fingerprints are everywhere

Bitcoin's price action mirrors traditional market jitters as economic indicators flash warning signs. Treasury yields dance while dollar strength wavers—creating perfect conditions for digital gold's resurgence.

Traders pivot to crypto shelters

Institutional money flows confirm what retail investors sensed weeks ago: traditional finance's plumbing looks increasingly rusty. Bitcoin's 24/7 trading infrastructure bypasses banking hours and bureaucratic delays.

The cynical take

Meanwhile, legacy finance executives still pretend they don't check BTC prices during board meetings. How quaint.

This isn't just another pump—it's monetary policy playing out in real-time across decentralized networks. Watch the charts, but watch the Fed harder.

Summarize the content using AI

ChatGPT

Grok

Bitcoin’s price fell back to $111,300 today, with altcoins experiencing daily losses exceeding 10%. At the same time, Fed member Miran reiterated the view that interest rates remain high, noting that the impact of tariffs on inflation is limited. The US GDP data has just been released.

ContentsBreaking Down the Latest US DataImplications for cryptocurrency Markets

Breaking Down the Latest US Data

The newly released data represents the final figures for the three-stage GDP report, showing how much the US economy grew from the previous quarter. Positive growth indicates an expanding economy, alleviating recession concerns. A trend of decreasing unemployment and rising incomes boosts market motivation. However, if growth figures exceed expectations, it could restrict potential interest rate cuts, leading cryptocurrency investors to hope for figures at or below expectations.

Additionally, new jobless claims and durable goods orders data have been announced. Last week, initial jobless claims came in below expectations, leading to accelerated declines in cryptocurrencies.

• US Initial Jobless Claims Announced: 218K (Expectation: 233K, Previous: 231K)
• US GDP Announced: 3.8% (Expectation: 3.3%, Previous: 3.3%)
• US Durable Goods Orders Announced: 2.9% (Expectation: -0.3%, Previous: -0.3%)

Implications for Cryptocurrency Markets

The figures signal a potential weakening in unemployment, which may delay the necessary rate cuts for cryptocurrencies. Consequently, Bitcoin$111,530 may experience further declines in the coming hours. Additionally, if tomorrow’s PCE data exceeds expectations, the downturn could accelerate further.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.