📆This week, four key events—Fed remarks, employment data, new unemployment claims, and the CPI—are expected to determine Bitcoin's short-term performance. Source:
: While weaker-than-expected employment data and unemployment claims could be positive for Bitcoin in the short term, along with expectations of an early Fed rate cut, it could also increase market uncertainty and risk aversion.
: Depending on the results of the January Consumer Price Index (CPI) and core CPI, expectations of a rate cut and a Bitcoin rebound could be strengthened, or concerns about a prolonged peak in interest rates could weigh on the virtual asset market.
#Bitcoin #ConsumerPriceIndex #EmploymentIndex
