In the latest crypto news, the market is on the edge. Bitcoin, trading at $87,448 with a 3.35% gain on April 21, 2025, faces a pivotal week as five US economic indicators—the Leading Economic Index, Services PMI, Manufacturing PMI, Initial Jobless Claims, and Consumer Sentiment—are set to release and could each sway the market.
Source: Rimac Capital
With US macroeconomic data driving crypto sentiment for months, these numbers could dictate Bitcoin’s next move. Here’s what’s coming and what it means for crypto.
Leading Economic Index: A Slowdown Signal
The Conference Board’s LEI, due April 21, 2025, is a forward-looking gauge of economic health. February 2025 saw a 0.3% month-over-month drop, and March’s median forecast is a 0.5% decline, with a consensus of -0.6%.
This follows a revised 0.1% rise in December 2024, per Conference Board. A falling LEI often signals economic headwinds, which could curb risk appetite.
For Bitcoin, this could mean downward press
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