US GDP Announcement

SEP

25

Event date

Thursday 25 September 2025, UTC

Event description

The US Bureau of Economic Analysis (BEA) will release the third estimate of Q2 2025 GDP on September 25, 2025, at 08:30 EST. This report measures the inflation-adjusted value of goods and services produced, reflecting economic activity. The second estimate reported a 3.3% annualized growth rate, up from a 0.5% contraction in Q1. This update refines data with new inputs like consumer spending and business investment, including a new focus on data center investments. GDP influences Fed rate decisions, currency strength, and risk asset demand, making it critical for crypto markets.

Recent Macro Trends

Q2 2025 GDP growth of 3.3% was driven by reduced imports and stronger consumer spending, despite weaker investment and exports. August’s PPI (2.6%, below 3.3% expected) and Core PPI (2.8%, below 3.5%) signaled cooling inflation, boosting crypto prices briefly. The Fed’s 25-basis-point rate cut on September 17, 2025, to 4%-4.25% reflected labor market concerns, with posts on X noting Bitcoin’s rally post-cut. However, a record 911,000 job revision downward in 2025 raised economic uncertainty, amplifying GDP’s significance.

Crypto Market Implications

A stronger-than-expected GDP (forecast: 3.3%) could fuel optimism, lifting Bitcoin and altcoins as investors chase risk assets. Ethereum’s $90 billion DeFi TVL and Solana’s 2.9 billion transactions in August suggest resilience to positive macro signals. A weaker GDP may trigger risk-off sentiment, pressuring speculative assets. Stablecoins, with a $300 billion market cap, could see inflows if uncertainty drives demand for safe havens. Fed policy reactions to GDP data will be key: dovish signals could spur crypto gains, while hawkish moves may tighten liquidity.

Onchain Data

Glassnode shows 95% of Bitcoin’s supply in profit, reflecting bullish sentiment, but Ethereum’s low spot activity suggests volatility risks from derivatives. Dune Analytics reports a 15% surge in stablecoin transfers in August, indicating hedging behavior. Solana’s 46% transaction growth underscores DeFi strength, potentially amplified by strong GDP data. Direct GDP-related onchain metrics are limited, but macro-driven flows are critical.

Community Sentiment

X posts reflect cautious optimism, with traders eyeing Bitcoin’s potential to hit $100,000 if GDP confirms growth. Some warn of volatility from tariff pressures or Fed tightening. Influencers highlight stablecoins’ role in trade if economic signals falter, though skepticism persists about crypto decoupling from equities.

Additional Insights

Crypto’s correlation with the S&P 500 means GDP-driven equity moves could sway prices. Stablecoin adoption may rise if GDP signals trade disruptions. Investors should track USD strength and yields for context. Risks include sharp swings if GDP misses forecasts, especially in leveraged markets.

Risk Disclaimer: The GDP release may spark volatility. Diversify and manage leverage to reduce exposure.

Bitcoin

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Bitcoin (BTC) Events List

U.S. Consumer Price Index (CPI) Release

The U.S. Bureau of Labor Statistics will release the CPI data for July 2025 on August 12 at 8:30 AM Eastern Time (12:30 UTC), covering price changes for a basket of consumer goods and services. The CPI measures inflation, a critical factor for Federal Reserve policy decisions, which directly impact risk assets like cryptocurrencies. Expectations are for a year-over-year CPI of around 2.7%, slightly up from June’s 2.7% [U.S. Bureau of Labor Statistics]. A higher-than-expected reading could signal persistent inflation, potentially strengthening the U.S. dollar and pressuring crypto prices. Conversely, a lower-than-expected figure might boost risk assets, as markets anticipate Federal Reserve rate cuts. Volatility is almost guaranteed, as CPI releases often trigger sharp market reactions.Recent NewsIn recent months, inflation has shown signs of stabilizing near the Fed’s 2% target, with May 2025 CPI at 2.4% and June at 2.7% [U.S. Bureau of Labor Statistics]. However, tariffs introduced in 2025 have started to push prices higher, particularly for goods like fresh produce and household appliances. The June CPI report highlighted a 0.3% month-over-month increase, with shelter costs as a primary driver. Crypto markets have been sensitive to these developments, with Bitcoin dipping briefly after the June release before recovering. Posts on X reflect mixed sentiment, with some traders seeing inflation as a long-term bullish case for Bitcoin as an inflation hedge, while others brace for short-term bearish pressure if rates remain high.Future PlansThe CPI release is part of a broader macroeconomic calendar that includes the Producer Price Index (PPI) on August 13, 2025, offering further insight into inflationary pressures. Markets are pricing in an 88.9% chance of a Fed rate cut by September 2025, per recent X discussions. For crypto, this could mean a more favorable environment if inflation cools, as lower rates typically support risk-on assets. The Fed’s next interest rate decision, expected in September, will hinge on this and subsequent CPI data, making August’s release a pivotal moment for traders.Onchain DataSpecific onchain data tying CPI directly to crypto is limited, as macroeconomic events affect sentiment more than blockchain metrics. However, Bitcoin’s transaction volume on major chains like Ethereum (for wrapped BTC) and native Bitcoin networks has remained steady, with daily volumes averaging $10 billion in July 2025, per Glassnode. Active wallet addresses for Bitcoin have increased 5% month-over-month, suggesting growing interest amid macro uncertainty. Altcoins like Ethereum show similar resilience, with staking participation up 3% since June, reflecting confidence in long-term yields despite short-term volatility risks.Community SentimentSentiment on X is buzzing with anticipation. Traders are closely watching the CPI outcome, with some predicting a “buy the dip” opportunity if inflation spikes and triggers a sell-off. Others argue that Bitcoin’s role as a store of value will shine if inflation persists. Influencers like @rovercrc have noted the potential for volatility, urging followers to prepare for both bullish and bearish scenarios. Discussions highlight the interplay between CPI, Fed policy, and crypto prices, with many users linking inflation fears to renewed interest in decentralized assets.Additional InsightsThe CPI’s impact extends beyond crypto to global markets, affecting equities, bonds, and commodities. Gold and Treasury Inflation-Protected Securities (TIPS) often rally during high-inflation periods, and crypto may follow suit if positioned as a hedge. However, traders should be cautious: high CPI readings could delay Fed rate cuts, increasing borrowing costs and dampening speculative investments. A risk disclaimer—volatility spikes during CPI releases can lead to rapid price swings, so avoid overleveraged positions and verify trading signals from trusted sources.This CPI release is a must-watch for crypto enthusiasts. Whether you’re a hodler or a day trader, understanding its implications could give you an edge in navigating the market’s next move.

Bitcoin

August 12

Reserve Bank of Australia (RBA) Cash Rate Decision

The RBA’s Monetary Policy Board will announce its cash rate decision on August 12, 2025, at 2:30 PM AEST (4:30 AM UTC) after a two-day meeting. The cash rate, currently at 3.85%, is expected to drop by 25 basis points to 3.60%, as markets fully price in a cut based on easing inflation [Canstar]. The Australian Bureau of Statistics reported June 2025 headline inflation at 2.1% and trimmed mean inflation at 2.7%, both within the RBA’s 2-3% target [EFG International]. A rate cut could weaken the Australian dollar, boosting risk assets like cryptocurrencies, while a surprise hold or hike might strengthen the AUD and pressure crypto prices. Volatility is likely, given the RBA’s recent unexpected hold in July [ABC News].Recent NewsThe RBA cut rates twice in 2025, first in February to 4.10% and then in May to 3.85%, reflecting confidence in declining inflation from a 2022 peak of 7.8% [Financial Newswire, Lextech]. June’s unemployment rose to 4.3%, signaling a softening labor market, which supports expectations for further easing [CommBank]. The July hold surprised markets, with the board citing the need for quarterly CPI data over less reliable monthly figures [EFG International]. Global trade tensions, including U.S. tariffs, have added uncertainty, potentially impacting Australia’s commodity-driven economy [Lextech]. These factors have kept crypto markets on edge, with Bitcoin and Ethereum showing resilience despite macro headwinds.Future PlansThe RBA’s next meetings are scheduled for September 24 and November 5, 2025, with economists forecasting additional cuts, potentially bringing the cash rate to 3.10-3.35% by year-end [Canstar]. The board remains data-dependent, monitoring inflation, employment, and global risks like trade disruptions [Lextech]. For crypto, lower rates could foster a risk-on environment, encouraging investment in decentralized assets. However, the RBA’s cautious approach suggests gradual easing, with no commitment to aggressive cuts unless economic conditions weaken significantly [CommBank].Onchain DataDirect onchain data linking RBA decisions to crypto is scarce, as macro events primarily influence sentiment. Bitcoin’s daily transaction volume averaged $10 billion in July 2025, with a 5% increase in active wallet addresses, per Glassnode. Ethereum’s staking deposits grew 3% month-over-month, indicating sustained interest despite macro uncertainty. These metrics suggest crypto markets are holding steady, but a rate cut could drive short-term trading volume spikes as investors react to AUD movements.Community SentimentX posts reveal strong anticipation for a rate cut, with users like @YaronBuilds and @ChadStreetBets predicting a drop to 3.60%, potentially boosting crypto and commodity markets [X posts]. Some traders see a weaker AUD as a catalyst for Bitcoin rallies, while others caution about volatility if the RBA holds rates again. Influencers note the interplay between global monetary policies, with U.S. Fed decisions also shaping crypto sentiment. The community is split, with some eyeing dip-buying opportunities and others preparing for AUD-driven swings.Additional InsightsA rate cut could enhance Australia’s appeal for crypto investment by lowering borrowing costs and stimulating economic activity. However, global uncertainties, like U.S. tariffs, may temper optimism [Lextech]. Compared to the U.S. CPI’s impact, the RBA’s decision has a more regional focus but still influences global crypto markets via AUD pairs. Risk disclaimer: Macro events like rate decisions can trigger sharp volatility; traders should avoid overleveraged positions and monitor trusted market signals.This RBA decision is a critical moment for crypto enthusiasts. A cut could fuel bullish sentiment, but surprises could spark turbulence. Stay informed and trade wisely.

Bitcoin

August 12

U.S. Retail Sales Data Release

The U.S. Census Bureau will release the Advance Monthly Retail Sales Report for July 2025 on August 15 at 8:30 AM Eastern Time (12:30 UTC), detailing sales across retail and food services sectors [U.S. Census Bureau]. Adjusted for seasonal variations but not inflation, the report reflects consumer spending, a major driver of U.S. economic growth. Economists forecast a 0.3% month-over-month increase, down from June’s 0.6% rise, with year-over-year growth around 3.5% [The Global Statistics]. Stronger-than-expected data could bolster the U.S. dollar, potentially pressuring crypto prices, while weaker figures might fuel risk-on sentiment, lifting digital assets. The report’s influence on Federal Reserve policy expectations makes it a must-watch for crypto investors.Recent NewsRetail sales have shown resilience in 2025, with June hitting $720.1 billion, up 0.6% from May and 3.9% from June 2024 [U.S. Census Bureau]. Motor vehicle sales led with an 8.8% annual growth, while e-commerce held steady at 16.4% market share [The Global Statistics]. However, July’s preliminary Chicago Fed data projects a 0.1% drop in retail sales (excluding autos) and a 0.3% decline when adjusted for inflation, hinting at cooling consumer demand [Federal Reserve Bank of Chicago]. Recent X posts highlight trader concerns about tariff impacts and slowing spending, which could temper bullish crypto sentiment if confirmed.Future PlansThe next retail sales reports are scheduled for September 16 and October 16, 2025, covering August and September data [U.S. Census Bureau]. Morgan Stanley forecasts a slowdown in consumer spending growth to 3.7% for 2025, down from 5.7% in 2024, citing tariff pressures and economic uncertainty [Morgan Stanley]. For crypto, this suggests a cautious outlook, but a weaker-than-expected report could raise hopes for Federal Reserve rate cuts, potentially boosting risk assets. The Q3 2025 retail e-commerce report, due November 18, will further clarify online spending trends, relevant for blockchain-based payment solutions.Onchain DataDirect onchain data linking retail sales to crypto is limited, as macro events primarily drive sentiment. Bitcoin’s transaction volume averaged $10 billion daily in July 2025, with a 5% rise in active wallet addresses, per Glassnode. Ethereum staking grew 3% month-over-month, reflecting confidence in long-term yields despite macro volatility. A strong retail sales report could reduce crypto’s appeal as a hedge, while a weak report might drive speculative trading, increasing onchain activity.Community SentimentX discussions show traders bracing for volatility, with some like @rovercrc noting the interplay between retail sales, inflation, and Fed policy [X posts]. Optimists see weak data as a catalyst for crypto rallies, expecting rate cut speculation to lift Bitcoin. Others caution that strong consumer spending could delay easing, pressuring altcoins. Sentiment is mixed, with traders preparing for both bullish and bearish scenarios based on the report’s outcome.Additional InsightsRetail sales data influences broader markets, including equities and commodities, with crypto often reacting to shifts in risk appetite. A robust report could strengthen traditional markets, diverting capital from crypto, while a slowdown might highlight decentralized assets’ appeal. Risk disclaimer: Macro data releases can spark rapid price swings; traders should avoid overleveraged positions and rely on verified market signals.This release is critical for crypto enthusiasts. Whether you’re trading or holding, understanding consumer spending trends will help you navigate the market’s next move.

Bitcoin

August 15

US ISM Manufacturing PMI

Released monthly by the Institute for Supply Management, the PMI surveys purchasing managers on aspects like new orders, production, employment, and prices. A score above 50 signals growth, while below indicates decline. Its purpose is to offer an early snapshot of economic trends, influencing expectations for Federal Reserve actions on interest rates and inflation control. In the crypto space, a positive surprise could enhance risk-on sentiment, driving up demand for assets like Bitcoin and Ethereum by suggesting a robust economy that supports investment in high-growth sectors. Conversely, a disappointing figure might fuel recession worries, leading to sell-offs and heightened volatility across digital assets. This event's significance lies in its ability to set the tone for the week's other data releases, amplifying its impact on global markets.Recent NewsOver the last three months, the PMI has reflected ongoing challenges in manufacturing. The July 2025 reading dropped to 48 from 49 in June, marking the fourth straight month of contraction and highlighting weaknesses in new orders and employment. This trend has coincided with crypto market fluctuations; for example, following the July data, Bitcoin experienced a notable price dip amid reduced investor optimism. In the broader crypto landscape, milestones like increased institutional inflows into Bitcoin ETFs and advancements in Ethereum layer-2 solutions have provided some counterbalance, with funding rounds for DeFi projects reaching new highs in Q2 2025. However, regulatory scrutiny from bodies like the SEC has added layers of uncertainty, contributing to a 3.43 percent decline in global crypto market cap during recent PMI-related volatility.Future PlansThis PMI release kicks off a critical week of economic data, with JOLTS Job Openings on September 3, ISM Services PMI on September 4, and Nonfarm Payrolls on September 5 following closely. If the manufacturing index shows signs of rebounding toward 50 or above, it could reinforce expectations for Federal Reserve rate cuts later in 2025, fostering an environment conducive to crypto expansion. Broader economic goals include stabilizing inflation and boosting trade, which might accelerate crypto adoption through improved financial integration. Analysts anticipate that sustained PMI improvements could align with crypto roadmap highlights, such as upcoming protocol upgrades in major networks and expanded use cases in supply chain tokenization.Onchain DataSpecific onchain metrics directly linked to PMI releases are limited in public dashboards, but macroeconomic announcements like this typically correlate with surges in blockchain activity. For instance, past events have seen Bitcoin's transaction volumes spike, with exchange inflows rising as traders position for volatility. Data from platforms indicate heightened wallet activity and liquidations during such periods, reflecting quick market reactions. Without granular details for the August data, observers should watch for real-time increases in active addresses and trading volumes post-release, as these often signal community responses to economic shifts.Community SentimentConversations on X reveal growing anticipation around the PMI potentially crossing 50, with many viewing it as a catalyst for an altcoin rally based on historical patterns. Analysts note that crypto cycles often peak alongside high PMI readings, suggesting current levels around 49 leave substantial upside potential. While some express concerns over short-term dips, the overall vibe is optimistic, with discussions emphasizing the indicator's role in broader bull market triggers.Macro events like the PMI can introduce sharp price swings in crypto; approach with caution and diversify to manage risks.

Bitcoin

September 2

US JOLTS Job Openings

Compiled by the Bureau of Labor Statistics, the JOLTS survey tracks job vacancies, hires, quits, layoffs, and other separations across nonfarm industries. Its core purpose is to assess labor turnover and demand, helping policymakers gauge economic health. A high number of openings suggests a tight market with upward wage pressure, while a decline points to softening conditions. For crypto, stronger-than-expected data might dampen expectations for rate cuts, pressuring prices as higher rates favor safer assets. Weaker figures, however, could fuel optimism for monetary easing, boosting risk-on trades like Bitcoin and altcoins by improving liquidity conditions. This event's influence often amplifies ahead of the nonfarm payrolls report, making it a bellwether for market volatility.Recent NewsIn the past three months, JOLTS data has trended downward, reflecting a gradual labor market cooldown. The June 2025 reading came in at 7.437 million openings, down from a revised 7.712 million in May and below forecasts. This marked the lowest level in over a year, with quits holding steady at around 3.3 million, indicating workers are less confident in switching roles. Earlier, the April figure surprised higher at 7.769 million against expectations of 7.3 million, briefly strengthening the dollar and contributing to a 4 percent Bitcoin dip. In crypto developments, this period saw increased institutional interest, with Bitcoin ETFs recording net inflows amid regulatory approvals for Ethereum products, though overall market cap dipped 2.5 percent on mixed economic signals. These trends align with broader milestones, including DeFi protocols hitting new transaction highs despite labor uncertainties.Future PlansFollowing this release, attention turns to the ISM Services PMI on September 4 and Nonfarm Payrolls on September 5, completing a packed week of labor insights. If July openings continue declining toward 7 million or below, it could solidify bets for Federal Reserve rate reductions by late 2025, creating a supportive backdrop for crypto growth through enhanced borrowing and investment. Longer-term, analysts eye stabilization in vacancies around pre-pandemic norms, potentially aligning with crypto roadmap advancements like layer-2 scaling and real-world asset tokenization to drive adoption in a more accommodative environment.Onchain DataDirect onchain metrics tied to JOLTS are sparse in accessible platforms, but historical patterns reveal correlations with blockchain activity. Past releases have prompted Bitcoin transaction volumes to surge, with exchange inflows rising during volatility spikes. For instance, weak data in prior months coincided with Ethereum active addresses increasing 5 percent as traders repositioned. Without July-specific figures yet, focus on post-event monitoring for liquidations and wallet movements, which often reflect rapid sentiment shifts in response to economic cues.Community SentimentDiscussions on X highlight cautious optimism, with many anticipating softer openings to pave the way for rate cuts and a Bitcoin rebound. Influencers note that cooling labor signals could act as a catalyst for altcoin gains, drawing parallels to past cycles where weak JOLTS boosted crypto amid dovish Fed expectations. While some express concerns over short-term dumps on hot data, the prevailing view leans positive, emphasizing the report's role in unlocking liquidity for digital assets.Labor market reports like JOLTS can spark significant price swings in crypto; trade prudently and consider diversification to navigate potential volatility.

Bitcoin

September 3

US ISM Services PMI

Issued by the Institute for Supply Management, this index compiles responses from purchasing managers on elements like business activity, new orders, employment, and supplier deliveries. It aims to capture early shifts in economic momentum, with readings above 50 denoting growth and below signaling contraction. Given services comprise over 80 percent of US GDP, the PMI's significance stems from its ability to foreshadow broader trends that affect Federal Reserve interest rate paths. In crypto terms, a robust figure could temper rate cut hopes, strengthening the dollar and curbing enthusiasm for riskier assets like Ethereum or altcoins. A softer outcome might heighten easing expectations, spurring inflows into cryptocurrencies as investors seek higher yields in a lower-rate landscape. Its timing amid other data releases often heightens market reactions.Recent NewsThe last three months have displayed a volatile pattern in services activity. July 2025 clocked in at 50.1, a dip from June's 50.8 and below the 51.5 consensus, with prices paid jumping to 69.9 amid employment softening to 46.4. June marked a rebound to 50.8 after May's contraction at 49.9, the lowest in months. These fluctuations have mirrored crypto market jitters, including a 3.43 percent global cap decline following stronger-than-expected alternative PMI readings. Meanwhile, the sector notched wins like boosted stablecoin adoption for payments and fresh capital into Web3 ventures, though regulatory updates added caution amid economic uncertainty.Future PlansThis PMI follows the morning's trade balance data and precedes September 5's employment report, rounding out a data-heavy week. Forecasts hover around 51 for August; surpassing this could signal sustained growth, possibly delaying Fed cuts and testing crypto resilience. Weaker results might accelerate easing bets, aligning with crypto goals like broader tokenization in services and enhanced blockchain integrations for efficiency gains in a supportive policy setting.Onchain DataTargeted onchain correlations with ISM Services PMI are not prominently featured in major analytics platforms, but economic indicators like this historically link to heightened network activity. Previous releases have coincided with Bitcoin transaction spikes and elevated exchange volumes as positions adjust. Absent August-specific metrics, monitor post-release trends in active wallets and liquidations, which typically rise during such events to capture shifting investor behaviors.Community SentimentOn X, reactions blend caution with opportunity spotting, noting weak PMI prints like July's could foreshadow rate relief and fuel crypto rallies akin to past cycles. Users highlight correlations where altcoin peaks align with high PMI levels, suggesting room for growth since current readings linger near 50. While some flag employment drops as recession risks, the tone leans toward viewing soft data as a bullish trigger for digital assets in a dovish environment.PMI announcements can trigger notable volatility in crypto prices; exercise prudence and spread investments to handle swings.

Bitcoin

September 4

US International Trade Balance

Produced by the Census Bureau and Bureau of Economic Analysis, this monthly report calculates the net difference in goods and services traded internationally. Its aim is to monitor economic interactions with global partners, where a widening deficit suggests heavier reliance on imports, potentially signaling inflationary pressures or growth concerns. The event holds weight as it informs on dollar strength and trade policies, often swaying Federal Reserve strategies. For the crypto community, an unexpectedly large deficit could erode USD appeal, positioning Bitcoin and similar assets as attractive hedges against currency weakening. On the flip side, a narrower gap might bolster the dollar, tempering enthusiasm for speculative investments like altcoins and heightening short-term volatility amid broader market adjustments. This data's ripple effects are pronounced in periods of trade disputes, amplifying its role in shaping investor behavior.Recent NewsIn the past three months, the trade deficit has shown variability amid shifting global dynamics. June 2025 registered at negative 60.2 billion dollars, an improvement from the revised 71.7 billion dollar shortfall in May. May's figure climbed to negative 71.5 billion from negative 60.3 billion in April, reflecting ups and downs possibly tied to tariff implementations and supply chain realignments. These movements have paralleled crypto market responses, with Bitcoin facing downward pressure during heightened trade war anxieties, contributing to a modest 2.8 percent contraction in overall crypto capitalization. Concurrently, the sector achieved key milestones, including expanded stablecoin usage for cross-border settlements and fresh funding for blockchain infrastructure projects, offsetting some macro headwinds.Future PlansThis announcement leads into the ISM Services PMI later on September 4 and culminates with Nonfarm Payrolls on September 5, providing a comprehensive view of economic momentum. Analysts project a July deficit around negative 65 billion dollars; should it exceed expectations, it might prompt discussions on monetary easing, creating favorable conditions for crypto expansion through increased liquidity. Over the horizon, evolving trade agreements could incorporate more digital solutions, supporting crypto roadmaps focused on tokenizing assets and enhancing payment efficiencies in international commerce.Onchain DataPrecise onchain metrics directly correlating to trade balance releases remain scarce across platforms like Glassnode, yet macroeconomic triggers historically align with amplified blockchain engagement. For example, prior trade data surprises have led to notable upticks in Bitcoin transaction volumes and exchange inflows as participants reposition. In the absence of tailored July insights, keep an eye on real-time indicators such as active addresses and liquidation events, which frequently escalate in response to economic revelations and reflect adaptive trading strategies.Community SentimentEngagements on X underscore the trade balance's potential to catalyze crypto movements, with many highlighting tariffs as drivers for viewing digital assets as safeguards against fiat instability. Influencers suggest that a deepening deficit could enhance liquidity inflows, fostering optimism for Bitcoin breakthroughs and altcoin surges in alignment with past patterns. While apprehensions about immediate dips persist, the consensus tilts toward positive long-term implications, emphasizing blockchain's growing integration in global finance.Trade balance disclosures can provoke abrupt market fluctuations in crypto; proceed with care and maintain a balanced portfolio to mitigate exposure.

Bitcoin

September 4

US Nonfarm Payrolls (Employment Situation)

Issued by the Bureau of Labor Statistics, this monthly report tallies new jobs added in non-agricultural sectors, alongside the unemployment rate and average hourly earnings. It serves to illuminate labor market strength, a cornerstone of consumer spending and overall growth. Readings exceeding expectations often prompt tighter monetary policy, while misses can hasten rate cuts. In crypto, hotter data might strengthen the dollar and curb inflows to Bitcoin and Ethereum, as higher rates favor traditional safe havens. Softer figures, conversely, could ignite rallies by easing liquidity concerns, with historical patterns showing up to 5 percent swings in major tokens post-release. Its outsized influence stems from encompassing revisions to prior months, amplifying surprises.Recent NewsOver the past three months, payroll additions have underwhelmed amid downward revisions. July 2025 added just 73,000 jobs, below the 100,000 forecast, with unemployment ticking up. June was revised to a mere 14,000 gain, down 133,000 from initial estimates, and May to 19,000, slashed by 125,000. These trends have fueled crypto volatility; for instance, post-July data, Bitcoin dipped amid cooled rate cut bets, contributing to a 4 percent market cap contraction. Broader developments include surging institutional ETF inflows and DeFi milestones, yet regulatory pressures persist, tempering gains against labor slowdown signals.Future PlansThis release caps a dense data week, with implications for the Federal Reserve's September meeting and potential policy shifts. Analysts eye around 100,000 jobs for August; beating this could delay easing, testing crypto's upward momentum, while a miss might solidify cuts by year-end, aiding expansions like blockchain payment integrations. Looking ahead, sustained softening could align with crypto roadmaps emphasizing stablecoin payroll solutions and cross-border efficiencies in a looser environment.Onchain DataDirect ties between payroll data and onchain metrics are not extensively tracked in public platforms, but macroeconomic events like this correlate with blockchain surges. Past releases have driven Bitcoin transaction volumes higher, with exchange inflows spiking amid repositioning. For example, weak reports often coincide with elevated Ethereum wallet activity as traders seek hedges. Without August previews, anticipate real-time jumps in active addresses and liquidations following the print, mirroring adaptive market flows.Community SentimentOn X, discussions emphasize payroll surprises as crypto catalysts, with strong beats linked to dips via rate hike fears and misses sparking rallies through easing hopes. Users point to inverse correlations, noting positive job deviations often yield declines, while weak data like July's fueled optimism for altcoin rebounds. Overall sentiment mixes caution on volatility with bullish leans on potential dovish outcomes, drawing from cycles where soft labor boosted digital assets.Nonfarm Payrolls can unleash substantial price turbulence in crypto; approach trades thoughtfully and diversify to cushion impacts.

Bitcoin

September 5

US Manufacturing/Services/Composite PMI

The S&P Global US PMI, releasing September 23, 2025, at 09:45 EST, tracks manufacturing, services, and composite (combined) sector activity. Surveying purchasing managers from over 800 firms, it measures new orders, production, employment, and prices. A PMI above 50 signals expansion; below 50, contraction. This data shapes expectations for Federal Reserve policy, influencing global markets. As a leading indicator, it offers early insights into economic trends, impacting investor confidence and risk appetite, including in crypto.Recent Macro TrendsIn August 2025, the US Manufacturing PMI hit 53.0, the strongest since May 2022, driven by robust production and new orders. The Services PMI dipped to 54.5, and the Composite PMI fell to 54.6 from 55.1, reflecting slower but still positive growth. Inflation pressures eased, with September’s PPI at 2.6% (below 3.3% expected) and Core PPI at 2.8% (below 3.5%), signaling cooling price growth. Posts on X noted this as bullish for risk assets. However, tariff-related input cost spikes and Fed rate cut debates keep markets on edge, with recent Non-Farm Payroll revisions hinting at potential policy shifts.Crypto Market ImplicationsA strong PMI (forecast: Composite 54.0, Manufacturing 52.8, Services 54.3) could boost crypto prices by signaling economic resilience, encouraging investment in Bitcoin and altcoins. A weak reading may trigger risk-off sentiment, pressuring speculative assets. Stablecoins, with a $300 billion market cap in 2025, could see increased flows if businesses hedge against uncertainty. Ethereum’s DeFi ecosystem, handling $90 billion in TVL, may benefit from economic stability, while Solana’s 2.9 billion transactions in August suggest resilience to macro shocks. Fed policy remains key: dovish signals could lift crypto; hawkish moves may tighten liquidity.Onchain DataDirect PMI-related onchain data is scarce, but Glassnode shows Bitcoin’s supply in profit at 95%, indicating market strength despite macro uncertainty. Ethereum’s spot activity lags derivatives, suggesting volatility risks. Stablecoin transfers surged 15% in August, per Dune Analytics, reflecting demand for safe havens. Solana’s transaction volume, up 46%, could amplify if PMI signals growth.Community SentimentX posts reveal optimism after recent inflation data, with some traders eyeing Bitcoin and Ethereum gains if PMI exceeds forecasts. Others caution about tariff-driven cost pressures, potentially capping altcoin rallies. Influencers highlight stablecoins’ role in cross-border trade if economic slowdown persists. Sentiment leans bullish but wary of Fed tightening.Additional InsightsCrypto’s correlation with equities means PMI-driven S&P 500 moves could sway Bitcoin. Stablecoin adoption may grow if PMI signals supply chain stress. Investors should watch EUR/USD and bond yields for broader context. Risks include sharp price swings if PMI misses expectations, especially in leveraged markets.Risk Disclaimer: The PMI release may spark volatility. Diversify and manage leverage to reduce exposure.

Bitcoin

September 23

EU Manufacturing/Services/Composite PMI

The HCOB Eurozone PMI, set for release on September 23, 2025, measures the performance of the Eurozone’s manufacturing, services, and composite (combined) sectors. Compiled by S&P Global, the PMI surveys purchasing managers from thousands of firms, assessing metrics like new orders, output, employment, and prices. A reading above 50 indicates expansion, while below 50 signals contraction. This data, released at 08:00 GMT, offers a snapshot of economic momentum, guiding European Central Bank (ECB) policy and global market dynamics. Its significance lies in its ability to reflect demand, inflation pressures, and business confidence, all of which ripple into financial markets, including crypto.Recent Macro TrendsIn August 2025, the Eurozone Manufacturing PMI rose to 50.7, marking the first expansion since June 2022, driven by output growth and new orders. However, the Services PMI dipped to 50.5 in September (from 52.9), and the Composite PMI fell to 48.9, an eight-month low, signaling economic slowdown. These mixed signals, coupled with persistent inflation concerns, have fueled uncertainty. The ECB’s recent focus on stablecoins and monetary sovereignty highlights its cautious stance on crypto amid economic headwinds. Weak PMI data in France and Germany, with services dropping sharply, has already pressured the EUR/USD pair, impacting risk assets like cryptocurrencies.Crypto Market ImplicationsThe PMI release could significantly affect crypto markets. A weaker-than-expected PMI (forecast: Composite 50.5, Manufacturing 45.6, Services 52.3) may signal economic contraction, potentially spurring risk-off sentiment. Bitcoin and Ethereum often face selling pressure when traditional markets falter, as investors pivot to safer assets. Conversely, a strong PMI could bolster confidence, driving capital into riskier assets like altcoins. Stablecoin adoption, already surging with a $300 billion market cap in 2025, may accelerate if businesses seek efficient cross-border solutions amid economic uncertainty. However, tighter ECB policies in response to inflation could curb liquidity, pressuring speculative assets. Projects like Solana, with its $137 billion market cap and 2.9 billion transactions in August, may benefit from increased DeFi activity if PMI data supports economic stability.Onchain DataLimited onchain data directly ties to PMI releases, but broader trends offer context. Glassnode reports sparse Ethereum spot activity compared to Bitcoin, suggesting derivatives markets may drive ETH price volatility post-PMI. Solana’s 46% transaction surge in August reflects robust DeFi and NFT activity, which could amplify if PMI data signals economic recovery. Stablecoin flows, particularly USDT and USDC, remain a key indicator, with $10 billion in real-world assets planned for integration, potentially cushioning crypto markets against macro shocks.Community SentimentX posts reflect mixed sentiment. Some traders view weak PMI data as bearish for Bitcoin, citing correlations with European indices, while others see opportunity in altcoins like Solana, fueled by its transaction growth. Influencers note stablecoins’ rising role in global finance, with some predicting increased adoption if PMI data underscores economic fragility. However, skepticism persists about crypto’s resilience amid ECB policy tightening.Additional InsightsThe PMI’s interplay with ECB monetary policy is critical. A dovish ECB response to weak PMI could boost crypto by easing liquidity concerns, while hawkish measures may dampen enthusiasm. Investors should watch correlations between EUR/USD movements and Bitcoin, as well as altcoin performance in DeFi ecosystems. Risks include heightened volatility if PMI misses forecasts, potentially triggering liquidations in leveraged positions.Risk Disclaimer: The EU PMI release may spark market volatility. Investors should monitor leverage and diversify to mitigate risks.

Bitcoin

September 23

EU Manufacturing/Services/Composite PMI

The HCOB Eurozone PMI, set for release on September 23, 2025, measures the performance of the Eurozone’s manufacturing, services, and composite (combined) sectors. Compiled by S&P Global, the PMI surveys purchasing managers from thousands of firms, assessing metrics like new orders, output, employment, and prices. A reading above 50 indicates expansion, while below 50 signals contraction. This data, released at 08:00 GMT, offers a snapshot of economic momentum, guiding European Central Bank (ECB) policy and global market dynamics. Its significance lies in its ability to reflect demand, inflation pressures, and business confidence, all of which ripple into financial markets, including crypto.Recent Macro TrendsIn August 2025, the Eurozone Manufacturing PMI rose to 50.7, marking the first expansion since June 2022, driven by output growth and new orders. However, the Services PMI dipped to 50.5 in September (from 52.9), and the Composite PMI fell to 48.9, an eight-month low, signaling economic slowdown. These mixed signals, coupled with persistent inflation concerns, have fueled uncertainty. The ECB’s recent focus on stablecoins and monetary sovereignty highlights its cautious stance on crypto amid economic headwinds. Weak PMI data in France and Germany, with services dropping sharply, has already pressured the EUR/USD pair, impacting risk assets like cryptocurrencies.Crypto Market ImplicationsThe PMI release could significantly affect crypto markets. A weaker-than-expected PMI (forecast: Composite 50.5, Manufacturing 45.6, Services 52.3) may signal economic contraction, potentially spurring risk-off sentiment. Bitcoin and Ethereum often face selling pressure when traditional markets falter, as investors pivot to safer assets. Conversely, a strong PMI could bolster confidence, driving capital into riskier assets like altcoins. Stablecoin adoption, already surging with a $300 billion market cap in 2025, may accelerate if businesses seek efficient cross-border solutions amid economic uncertainty. However, tighter ECB policies in response to inflation could curb liquidity, pressuring speculative assets. Projects like Solana, with its $137 billion market cap and 2.9 billion transactions in August, may benefit from increased DeFi activity if PMI data supports economic stability.Onchain DataLimited onchain data directly ties to PMI releases, but broader trends offer context. Glassnode reports sparse Ethereum spot activity compared to Bitcoin, suggesting derivatives markets may drive ETH price volatility post-PMI. Solana’s 46% transaction surge in August reflects robust DeFi and NFT activity, which could amplify if PMI data signals economic recovery. Stablecoin flows, particularly USDT and USDC, remain a key indicator, with $10 billion in real-world assets planned for integration, potentially cushioning crypto markets against macro shocks.Community SentimentX posts reflect mixed sentiment. Some traders view weak PMI data as bearish for Bitcoin, citing correlations with European indices, while others see opportunity in altcoins like Solana, fueled by its transaction growth. Influencers note stablecoins’ rising role in global finance, with some predicting increased adoption if PMI data underscores economic fragility. However, skepticism persists about crypto’s resilience amid ECB policy tightening.Additional InsightsThe PMI’s interplay with ECB monetary policy is critical. A dovish ECB response to weak PMI could boost crypto by easing liquidity concerns, while hawkish measures may dampen enthusiasm. Investors should watch correlations between EUR/USD movements and Bitcoin, as well as altcoin performance in DeFi ecosystems. Risks include heightened volatility if PMI misses forecasts, potentially triggering liquidations in leveraged positions.Risk Disclaimer: The EU PMI release may spark market volatility. Investors should monitor leverage and diversify to mitigate risks.

Bitcoin

September 23

US Jerome Powell Conference

Scheduled for September 23, 2025, Jerome Powell’s press conference follows the Federal Open Market Committee (FOMC) meeting, typically addressing interest rates, inflation, and economic outlook. Held at 14:30 EST, this event clarifies the Fed’s stance on monetary policy, influencing investor sentiment worldwide. Powell’s remarks often signal rate changes, balance sheet adjustments, or responses to economic challenges, directly impacting risk assets like cryptocurrencies. With the US economy navigating inflation and labor market concerns, his words could sway market dynamics significantly.Recent Macro TrendsOn September 17, 2025, the Fed cut its benchmark rate by 25 basis points to 4%-4.25%, the first reduction since December 2024, citing a softening labor market and rising inflation risks. Powell noted a divided FOMC, with 10 of 19 members projecting two more cuts in 2025, targeting a 3.6% rate by year-end. Inflation forecasts show Core PCE at 3.1% for 2025, above the Fed’s 2% target. Posts on X highlighted Bitcoin’s brief surge post-cut, reflecting sensitivity to dovish signals. Tariff-related cost pressures and Trump’s push for lower rates have added complexity, with markets pricing in cautious Fed moves.Crypto Market ImplicationsPowell’s tone could dictate crypto’s near-term trajectory. A dovish outlook, hinting at further rate cuts, may boost Bitcoin and altcoins by enhancing liquidity and risk appetite. Ethereum, with $90 billion in DeFi TVL, could see increased activity if economic optimism prevails. Conversely, hawkish comments signaling tighter policy might trigger sell-offs, as seen in past rate hike cycles. Stablecoins, with a $300 billion market cap, may gain traction if businesses seek efficient payment solutions amid economic uncertainty. Solana’s 2.9 billion transactions in August suggest resilience, but macro headwinds could test speculative assets.Onchain DataGlassnode reports Bitcoin’s supply in profit at 95%, indicating bullish sentiment, but low Ethereum spot activity suggests reliance on derivatives, heightening volatility risks. Dune Analytics shows a 15% rise in stablecoin transfers in August, reflecting safe-haven demand. Solana’s 46% transaction spike underscores DeFi and NFT strength, potentially amplified by positive Fed signals. Direct conference-related onchain data is limited, but macro-driven flows are key.Community SentimentX posts reveal cautious optimism. Traders anticipate Bitcoin testing $100,000 if Powell signals more cuts, while others warn of volatility from tariff or inflation concerns. Influencers highlight stablecoins’ growing role in global trade, especially if policy eases. Some express skepticism about crypto’s decoupling from equities, citing Fed-driven correlations.Additional InsightsCrypto’s linkage to equities means Powell’s remarks could move markets in tandem with the S&P 500. Stablecoin adoption may surge if economic uncertainty persists. Investors should monitor USD strength and Treasury yields for broader context. Risks include sharp price swings if Powell’s tone diverges from expectations, particularly in leveraged positions.Risk Disclaimer: Powell’s conference may spark market volatility. Diversify and manage leverage to mitigate risks.

Bitcoin

September 23

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