This week, several U.S. economic indicators are scheduled, which could impact the portfolios of crypto traders and investors. In particular, BTC is signaling potential further increases and can be prepared for volatility.
Investors looking to leverage expected volatility can prepare for the following U.S. economic data in advance.
Key U.S. Economic Indicators This Week
Cryptocurrency investors will closely monitor U.S. economic indicators this week to find clues about market sentiment, Federal Reserve policy, and the overall economic environment. The U.S. economic indicators that crypto market participants will focus on this week are as follows.
April Personal Consumption Expenditures (PCE) Price Index
The PCE price index for April 2025 is scheduled to be announced on May 30, 2025, and is expected to increase by 2.2% year-on-year. This is a decrease from 2.3% in March. Meanwhile, the core PCE excluding food and energy is expected to remain at 2.6%.
March data shows that monthly PCE decreased by less than 0.1%, and core PCE increased by 0.1%. This reflects cautious consumer spending and a personal savings rate of 3.9%.
The upcoming report is important. The Federal Reserve closely monitors PCE for inflation trends.
Stable or lower-than-expected PCE figures could support expectations of moderate rate cuts, potentially weakening the dollar and boosting the cryptocurrency market.
However, higher-than-expected figures could raise inflation concerns, strengthen the dollar, and put pressure on cryptocurrency prices.
Cryptocurrency traders should carefully watch the May 30 PCE report and June FOMC meeting. Volatility is expected, and a balanced approach monitoring macroeconomic signals and cryptocurrency-specific catalysts is crucial.
At the time of writing, Bitcoin is trading at $109,640, up 1.35% in the last 24 hours.
