4 Key US Economic Data to Shape Bitcoin Sentiment This Week

Bitcoin traders are preparing for a pivotal week, as four major US economic releases, including the Federal Reserve’s interest rate decision and essential labor market data, stand to influence market sentiment and determine the crypto’s next move. This convergence of monetary policy updates and employment figures finds Bitcoin trading near technical levels that may result in notable volatility, upward or downward. FOMC Interest Rate Decision The FOMC (Federal Open Market Committee’s) interest rate decision, scheduled for Wednesday at 2:00 p. m source: https://beincrypto.com/bitcoin-fed-economic-events-december-2024/