Top 4 Macroeconomic Signals for Every Crypto Trader

• Key labor reports this week could influence Federal Reserve policy and shift Bitcoin demand.
• A packed economic calendar on Tuesday and Thursday may trigger sharp reactions in the crypto market.

Bitcoin may face a volatile week as key U.S. economic data gets released in quick succession. From job openings to payroll numbers, these reports will guide investor expectations and possibly influence Bitcoin’s price moves.

As revealed, with a holiday-shortened week in the United States, most critical updates are typically squeezed into Tuesday and Thursday. This has left traders with little room for error.

Job Market Signals Take Center Stage

According to reports, on Tuesday, the U.S. Bureau of Labor Statistics will publish the Job Openings and Labor Turnover Survey (JOLTS) for May. This is expected to show 7.3 million job openings, slightly down from April’s 7.4 million. While still higher than March’s low of 7.192 million, the slight dip recorded could be a sign that the job market is slowly cooling.

This is a key moment for crypto traders. A softer labor market could lead the Federal Reserve to ease its monetary policy. That would weaken the dollar and drive up interest in Bitcoin as a hedge

If, however, the data shows more openings than expected, it may indicate that the labor market remains strong. That could support the Fed’s stance on keeping interest rates high, which often puts pressure on digital assets like Bitcoin.

Also on the radar is Wednesday’s ADP employment report. Private companies added only 37,000 jobs in May, the lowest number since March 2023. The forecast for June is a 120,000-job increase.

If the figure comes in lower than expected, it may signal growing economic strain. This, too, could influence the Fed to loosen policy, which would likely support Bitcoin in the short term.

In related news, CNF covered that the Federal Housing Finance Agency (FHFA) has instructed mortgage giants Fannie Mae and Freddie Mac, both under U.S. government conservatorship since the 2008 financial crisis, to recognize cryptocurrency holdings in mortgage applications.

Thursday Packed With Crucial Updates

Notably, Thursday will be the busiest day of the week. First, initial jobless claims for the week ending June 28 will be announced. Last week’s number was 236,000, better than expected. The median forecast for this week is 240,000. A rise in claims could point to economic weakness, potentially giving Bitcoin another boost if it prompts the Fed to act more cautiously.

The same day, the Non-Farm Payrolls (NFP) report for June will be released. In May, the U.S. added 139,000 jobs, with the unemployment rate steady at 4.2%. This time, economists expect only 115,000 new jobs and a possible rise in unemployment to 4.3%.

It is worth noting that this slowdown could be tied to the ongoing trade uncertainties under President Trump’s new tariffs. If confirmed, it could further support demand for Bitcoin as traders look for safe alternatives.

As of the time of writing, MarketCap data indicates that Bitcoin was trading at $108,244, representing a 0.87% increase over the past 24 hours.

However, with a packed economic calendar ahead, that could change quickly. Meanwhile, as noted earlier, miners have gradually started moving coins to exchanges, a sign that some may be bracing for further declines. This trend has led analysts to speculate that a price drop could be on the horizon.