Five U.S. economic reports that could move Bitcoin this week

Bitcoin is trading around $66,000, down modestly amid fragile sentiment, thin liquidity and a geopolitical overhang. After the weakest start to a year on record, traders are watching a heavy slate of U.S. data that could reshape expectations for Federal Reserve rate cuts and steer crypto market direction.

The week opens with S&P Global and ISM Manufacturing PMIs, with consensus near 51.2 for S&P and 52.0–52.3 for ISM after January’s surprise 52.6. Readings above about 52.5 would bolster a “resilient economy” narrative, delaying cuts, lifting yields and the dollar and pressuring non‑yielding assets like Bitcoin.

A slide toward the 50 contraction threshold would shift expectations toward earlier easing and could lift BTC. Midweek brings the ADP Employment Change—roughly 50,000 jobs expected versus January’s 22,000—and services PMIs, where forecasts sit around 52.3–53.5 and January’s ISM services was 53.8.

United States

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