Did Bitcoin Just Meet It’s Match in US Economics? 😏

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Okay, fingers crossed, Bitcoin (or shall we call it “Bitten”?) is trying its darndest to wiggle above the $120,000 mark. Meanwhile, over in the US, economic events pop up like soap bubbles-some burst, some float and tease us with what’s next.

Now, it’s been a while since US economic data threw a wrench in the crypto works, but it’s back-wearing a “Surprise” cape! A 2025 comeback! So, investors, keep your eyes peeled this week because who knows what these economic whispers will really mean?

Economic Whispers and Where to Find Them This Week

So, lots of US economic shindigs are on the calendar. But only a lucky few might actually flirt with the crypto markets.

September FOMC Minutes: Plot Twist?

Alright, the September FOMC minutes are stepping out with “Most Important US Economic Data” on their dating profile this week. Stephen Miran, the newbie Fed governor, made an entrance before the Fed cut rates after 9 months. Now, the minutes-those secretive doodles from the meeting-might shed light on why the Fed decided to do whatever it was that makes the bigwigs go “oh.” And if they hint at more cuts, we might see Bitcoin go topsy-turvy (or should I say toppy-turvy?). Go figure.

“This week, smack in the middle of all the fun, we have the FOMC minutes-just talking points, no projections. Soothing or snoozing? We’re not moving the needle too much. Just observing the past, when they said yes to a rate cut,” mused xAlex. What a circus! 🎪

Powell’s Twitter: (Not) Updated

Oh, let’s not forget a parade of Fed speakers, with Fed chair Jerome Powell being the star. His Thursday wizardry, or whatever they call it, in Rhode Island last time could flip a switch or play it safe.

“Powell and September FOMC cliffnotes: What’s the plot twist for 2025? Is it more cuts or an ending that shaves the back door? Conspiracy, folks,” whispered a fellow who clearly has too much time on his hands. 🤫

Whether his words send tremors through Bitcoin’s world hinges on how they dance-dovish like a ballerina, or hawkish like a karate master. But if the government shutdown keeps up its game, some may become events of the mysteriously Missing Variety. 🕵️‍♀️

Jobless Claims: The Life & Times of a Jobless Odyssey

Jobless claims arrive on cue every Thursday (no excuses, Thursday!). These figures conjure up an impending storm when things tip over 300k on the average. Talk about an early warning system, am I right?

“Jobless Claims are like the stock market’s really, really sensitive boyfriend. Over 260k? Maybe. Over 300k? Pretty much definitely gone. Your wallet might get cold,” claims Kurt S. Altrichter, our insider economist. Chilling! ❄️

Still, the US government shutdown is playing its own game of cat and mouse, potentially leaving some economic data in limbo. Will they come or won’t they? 🐱🐭

Here we are, caught in the crossfire with Bitcoin at $123,718. Down by 1.13% in the last 24 hours. Down or must I say… down in the dumps? Someone,BRB, needs a sugar rush! 🍰

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2025-10-06 09:43