Bitcoin may react to 4 economic events of
#eua this week
While Bitcoin buyers defend the level of $90,000 amid volatility caused by geopolitical tensions, market participants are monitoring a busy American economic agenda that could influence sentiment in the crypto sector.
With expectations for interest rate cuts by the Federal Reserve (Fed) constantly changing, the release of important data and key speeches could provoke significant movements in the
$BTC and altcoins.
1. Trump speaks in Davos on Tuesday
President Donald Trump's speech at the World Economic Forum in Davos on January 21 at 15:30 (Brasilia time) has the potential to move markets. Thus, expectations are high, considering his history of impromptu statements on trade, tariffs, and geopolitics.
With the largest American delegation ever present in Davos, Trump's comments may address ongoing tariff disputes. Possible military actions or economic policies could directly impact the strength of the dollar and the global risk appetite.
Crypto markets, sensitive to macroeconomic changes, could see volatility if Trump indicates stricter stances in the trade area. This would strengthen the dollar and pressure the price of
#bitcoin . Favorable signals for growth or the crypto sector could stimulate recovery.
2. Jobless claims on Thursday
The report on initial jobless claims, to be released on Thursday, January 22, at 15:30 (Brasilia time), provides an updated snapshot of the U.S. labor market situation. The index shows how many Americans applied for unemployment insurance for the first time in the past week.
Analysts consulted by Trading Economics project 203,000 initial claims for the week ending January 15, up from 198,000 recorded the previous week.
This data gains relevance in the context of a resilient employment scenario.