The post Big Week for Bitcoin: Key US Economic Data to Be Released This Week appeared first on Coinpedia Fintech News
The crypto market has been steady for the past two weeks, moving between $109,000 and $104,000 after reaching a new all-time high of $111,980. Even though Bitcoin had an 11% jump last month, the market is taking a break for now.
As the new month begins, investors are turning their focus to important US economic reports that could affect the crypto market.
Let’s see what these reports are!
2nd June: Fed Chair Jerome Powell Speech
Today, June 2, all eyes are on Jerome Powell, the head of the US Federal Reserve. He’ll speak in Washington at 1 pm, sharing his thoughts on how the economy is doing and what the Fed might do next with interest rates.
His speech will likely influence market sentiment and could give clues on what lies ahead for Bitcoin.
3rd June: US Job Openings (JOLTS)
On June 3, the latest Job Openings and Labor Turnover Survey (JOLTS) for Ap
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