US Initial Jobless Claims & Durable Goods Orders

SEP

25

Event date

Thursday 25 September 2025, UTC

Event description

The US Department of Labor releases Initial Jobless Claims weekly at 08:30 EST, tracking new unemployment benefit filings. The week ending September 13, 2025, saw claims drop to 231,000 from 264,000, beating expectations of 240,000. Durable Goods Orders, reported monthly by the Census Bureau at 08:30 EST, measure new orders for long-lasting goods. July 2025 orders fell 2.8% to $302.8 billion, but August estimates project a 0.8% rise. These reports signal economic momentum: low claims suggest labor market strength, while durable goods reflect business investment. Both shape Fed policy and risk asset demand, including crypto.


Recent Macro Trends

The Fed’s September 17, 2025, rate cut to 4%-4.25% responded to a softening labor market, with a record 911,000 job revision downward in 2025. August’s PPI (2.6%, below 3.3% expected) signaled cooling inflation, boosting crypto briefly. Posts on X noted Bitcoin’s rally post-cut, but tariff-driven cost pressures and a 263,000 claims spike earlier in September raised concerns. The labor market’s mixed signals and durable goods volatility, driven by aircraft orders, keep markets cautious, with Fed projections of two more cuts by year-end.


Crypto Market Implications

Strong data (claims below 231,000, durable goods above 0.8%) could fuel optimism, lifting Bitcoin and altcoins as risk appetite grows. Ethereum’s $90 billion DeFi TVL and Solana’s 2.9 billion transactions in August suggest upside potential if economic signals are positive. Weak data may trigger risk-off sentiment, pressuring speculative assets. Stablecoins, with a $300 billion market cap, could see inflows if uncertainty drives hedging. A dovish Fed response to soft data may boost crypto, while hawkish signals could tighten liquidity, impacting projects like Polygon with growing L2 adoption.


Onchain Data

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


Community Sentiment

X posts reflect mixed sentiment. Some traders see Bitcoin nearing $100,000 if claims drop further, while others warn of volatility from tariff impacts or labor market weakness. Influencers highlight stablecoins’ role in trade if economic signals falter, with skepticism about crypto decoupling from equities.


Additional Insights

Crypto’s correlation with equities means these reports could move markets in tandem with the S&P 500. Stablecoin adoption may rise if durable goods signal trade disruptions. Monitor USD strength and yields for context. Risks include sharp price swings if data misses forecasts, especially in leveraged markets.

Risk Disclaimer: These releases may trigger volatility. Diversify and manage leverage to reduce exposure.

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S&P Global US Manufacturing & Services PMI

The S&P Global US Manufacturing and Services PMI, released monthly, measures business activity in two key sectors. Manufacturing PMI gauges factory output, orders, and employment, while Services PMI tracks consumer-facing industries like finance and tech. Readings above 50 signal expansion; below 50, contraction. In June 2025, Manufacturing PMI hit 52.9, a three-year high, while Services PMI dipped to 52.9 from 53.7. Forecasts for July suggest Manufacturing PMI at 52.5 and Services PMI at 53.0. Strong data could bolster the US dollar, potentially pressuring crypto prices, while weak readings might fuel rate-cut hopes, boosting risk assets like BTC and ETH.Recent NewsJune’s PMI data showed manufacturing rebounding, driven by rising orders, though tariff concerns sparked inventory buildup and inflation. Services growth slowed, reflecting caution amid trade policy shifts. Crypto markets reacted mildly, with Bitcoin holding steady at $103,720 after a 1% dip. DeFi platforms like Aave saw a 10% rise in US lending pool activity, signaling economic uncertainty driving crypto adoption. The Fed’s steady 4.75% rate stance, despite mixed signals, keeps markets on edge for PMI-driven clues.Future PlansThe Fed’s 2025 roadmap hinges on economic indicators like PMI. Analysts expect one rate cut by Q4 if growth slows, potentially lifting crypto markets. Stablecoin issuers like Circle are expanding US operations, with USDC’s market cap up 6% in Q2 2025, eyeing PMI-driven volatility for growth. Ethereum-based DeFi projects, including Chainlink, anticipate increased demand if services weaken, as investors seek decentralized alternatives.Onchain DataWhile PMI-specific onchain data is unavailable, broader metrics reflect macro sensitivity. Bitcoin’s US exchange volume rose 9% in June, per Glassnode, tied to economic speculation. Ethereum’s DeFi TVL hit $122B, with Uniswap’s US user base growing 13%. Stablecoin transfers (USDT, USDC) in US wallets surged 18%, suggesting hedging against macro shifts.Community SentimentOn X, crypto sentiment is cautious but optimistic. Influencers like @CryptoWizardd predict a weak PMI could push BTC to $110K, citing rate-cut bets, while 40% of polled users expect a dollar rally if PMIs exceed forecasts, capping altcoin gains. DeFi fans highlight stablecoin growth as a bullish sign.Market Trends & InsightsHistorically, strong PMI data (e.g., June 2023’s 53.0 Manufacturing PMI) strengthened the dollar, dropping BTC 4%. Weak PMIs often spark 10-15% crypto rallies by fueling easing expectations. Altcoins like SOL and ADA may see sharper swings than BTC. Investors could benefit from diversifying into DeFi or stablecoins to navigate volatility.Risk DisclaimerMacro events like PMI releases can trigger crypto price swings. Unexpected data may cause rapid market moves, so trade cautiously and verify signals independently.Don’t miss July 24, 2025! Will PMI data spark a crypto rally or pullback? Drop your thoughts below!

Bitcoin

July 24

US Initial Jobless Claims

The US Initial Jobless Claims, reported by the Department of Labor, tracks the number of people filing for unemployment benefits for the first time. Released every Thursday at 8:30 AM ET, the data for the week ending July 19, 2025, is expected to show around 230,000 claims, slightly up from the 221,000 reported for the week ending July 12. Lower-than-expected claims signal a strong labor market, potentially reducing expectations for Federal Reserve rate cuts and pressuring crypto prices. Higher claims could indicate economic softening, boosting crypto as a hedge against monetary easing. This report’s volatility makes it a market-mover, especially for Bitcoin (BTC) and altcoins.Recent NewsThe US labor market has shown resilience, with claims dropping to 221,000 for the week ending July 12, the lowest since mid-April, beating forecasts of 233,000. This follows a steady decline over five weeks, suggesting stable job growth despite trade policy uncertainties. In crypto, Bitcoin traded at $103,720 in mid-July, down 1% after mixed economic signals. DeFi platforms like Uniswap and Aave have seen a 10% uptick in US-based user activity, reflecting growing interest amid macro uncertainty. The Ethereum Foundation’s recent staff layoffs highlight cost restructuring in crypto-native firms, potentially tied to economic caution.Future PlansThe Federal Reserve’s 2025 outlook projects two rate cuts, with markets pricing in a 25-basis-point cut by September. If jobless claims rise, signaling a weaker economy, rate-cut bets could increase, potentially driving BTC and altcoins higher. The Fed’s cautious tone, as noted in recent FOMC minutes, suggests employment data will heavily influence 2025 policy. Crypto projects are also eyeing US market expansion, with stablecoin issuers like Tether planning Eurozone and US growth, which could amplify onchain activity if economic conditions favor crypto adoption.Onchain DataDirect onchain data tied to jobless claims is limited, but related metrics provide context. Bitcoin’s transaction volume on US exchanges rose 8% in Q2 2025, per Glassnode, reflecting macro-driven trading. Ethereum’s DeFi TVL grew to $122B, with Aave’s US lending pools up 12% in July. Stablecoin transfers (USDT, USDC) in US wallets increased 15%, signaling hedging against economic uncertainty. These trends suggest crypto markets are sensitive to labor data shifts.Community SentimentOn X, crypto traders are split. Influencers like @eye_zen_hour argue higher claims (e.g., 250,000) could push BTC toward $110K by signaling a Fed pivot, while others caution that strong data might strengthen the US dollar, capping crypto gains. About 55% of X users polled expect volatility but lean bullish on BTC if claims exceed forecasts. DeFi communities are optimistic, citing stablecoin growth as a sign of resilience.Market Trends & InsightsHistorically, lower jobless claims correlate with tighter Fed policy, which can dampen crypto enthusiasm. In 2023, a drop in claims to 200,000 preceded a 5% BTC dip. Conversely, spikes above 240,000 have fueled 10-15% rallies. Stablecoins and DeFi are less sensitive but benefit from economic uncertainty. Investors might consider BTC or ETH as hedges if claims rise, while altcoins like SOL could see sharper swings.Risk DisclaimerMacroeconomic data like jobless claims can spark crypto market volatility. Unexpected results may lead to sharp price swings, so trade cautiously and verify data independently.Stay tuned for July 24, 2025, and share your predictions! Will jobless claims send crypto soaring or stumbling? Let us know below!

Bitcoin

July 24

EU - ECB Rate Decision

The ECB Rate Decision, led by President Christine Lagarde, will determine whether interest rates in the Eurozone stay at 3.25%, rise, or fall. This decision influences borrowing costs, inflation, and economic growth, all of which impact risk assets like cryptocurrencies. A rate cut could signal looser monetary policy, potentially boosting investor appetite for volatile assets like Bitcoin (BTC) and Ethereum (ETH), as seen in past cycles when lower rates drove capital into crypto markets. Conversely, a rate hike or hawkish stance might pressure crypto prices by strengthening the euro and reducing liquidity. The ECB’s accompanying statement and press conference will provide clues on future policy, making this a must-watch for traders and investors.Recent NewsIn the last three months, the ECB has maintained rates at 3.25% amid cooling inflation (down to 2.2% in June 2025 from 2.5% in Q1) but signaled openness to cuts if growth weakens. Crypto markets have reacted positively to such hints, with BTC rallying 8% in June 2025 after dovish ECB comments. Meanwhile, DeFi projects like Aave and Compound have seen increased activity in Eurozone lending pools, reflecting growing crypto adoption as traditional finance faces uncertainty. The ECB’s recent exploration of a digital euro also underscores its focus on blockchain, potentially legitimizing crypto’s role in finance.Future PlansThe ECB’s 2025-2026 roadmap emphasizes balancing inflation (target: 2%) with economic recovery. Analysts expect one or two rate cuts by Q4 2025 if inflation stabilizes, which could fuel crypto market optimism. The digital euro pilot, set to expand in 2026, may drive onchain activity for Ethereum-based projects, as stablecoin demand grows in Europe. Projects like Chainlink, powering DeFi oracles, could benefit from increased cross-border transaction needs.Onchain DataWhile direct onchain data for ECB decisions is unavailable, related metrics offer insights. Ethereum’s DeFi TVL (Total Value Locked) rose 12% to $120B in Q2 2025, with Aave’s Eurozone user base growing 15%. Bitcoin’s transaction volume on European exchanges spiked 10% in June 2025, reflecting rate-cut speculation. These trends suggest crypto markets are sensitive to ECB signals, with stablecoin transfers (e.g., USDT, USDC) up 20% in Eurozone wallets.Community SentimentOn X, the crypto community is buzzing with anticipation. Influencers like @CryptoAnalystX predict a 25-basis-point cut could push BTC past $80K, while others warn of volatility if the ECB remains hawkish. Sentiment is mixed: 60% of polled users on X expect a bullish crypto response to a dovish ECB, but 30% fear a stronger euro could dampen altcoin momentum. DeFi enthusiasts are optimistic, citing growing European adoption as a long-term positive.Market Trends & InsightsCrypto markets often mirror macroeconomic shifts. In 2023, Fed rate cuts preceded a 20% BTC surge, a pattern that could repeat if the ECB eases. However, competition from traditional assets (e.g., bonds yielding 3-4%) could cap gains if rates stay high. Stablecoin projects like Tether and Circle are eyeing Eurozone expansion, with USDC’s market cap up 5% in 2025. For investors, diversifying into DeFi or BTC hedges against fiat volatility makes sense.Risk DisclaimerMacro events like the ECB Rate Decision can spark volatility. Crypto prices may swing sharply based on unexpected ECB moves or market overreactions. Always conduct your own research and manage risk carefully.Mark your calendars for July 24, 2025, and stay tuned for updates! How do you think the ECB’s decision will shape the crypto market? Share your thoughts below!

Bitcoin

July 24

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 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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