News View Non-AMP

Key US Economic Data to Be Released – Here How Crypto Will BE Impacted

Published by
Mustafa Mulla

After closing May with a strong 11% gain, June is shaping up to be a critical month for crypto investors, with several key U.S. economic reports scheduled for release in the coming weeks.

Each of these could have a big impact on the crypto market, especially Bitcoin and altcoins.

6th June: Non-Farm Payrolls & Unemployment Rate

On June 6th, all eyes will be on the Non-Farm Payrolls report and the updated unemployment rate. In April, the US added 177,000 jobs and kept unemployment steady at 4.2%. This time, economists expect a smaller gain of 130,000 jobs. 

If job growth slows more than expected, the Federal Reserve might decide to ease up on its strict money policies. A weaker dollar could then make Bitcoin more attractive for those seeking safe havens during market uncertainty

11th June — CPI Inflation Report

Next up, the Consumer Price Index (CPI) data for May will be released on June 11th. This report is one of the most important inflation indicators in the US. In April, inflation cooled to 2.3%, slightly below the 2.4% forecast. 

For May, analysts expect inflation to rise back to 2.4%. If inflation stays in check or falls, the Fed may consider cutting interest rates, creating a more positive environment for Bitcoin and other cryptocurrencies

12th June – PPI Inflation Report

The next day, June 12th, brings the Producer Price Index (PPI) report.  This report tracks how much manufacturers charge for goods. In April, PPI inflation was at 2.4%, slightly below forecasts. 

For June, analysts expect a small rise to 2.5%

17th June – FOMC Minutes

June 17th is a big day. As it brings the release of the Federal Open Market Committee (FOMC) meeting minutes. Investors will look closely at these notes for hints about future policy. Current possibilty suggest a 95% chance that the Fed will leave rates unchanged in June.

However, any sign that the Fed is considering easier policies later this year could be bullish for Bitcoin.

17th June — U.S. Import and Export Price Indexes

Also on June 17, the US will release the Import and Export Price Indexes. These indexes measure changes in prices of goods traded internationally. In April, the Import Price Index was steady at 0.1%. 

If these prices stay calm, it could ease worries about inflation and strengthen the case for Bitcoin as a hedge.

Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Recent Posts

Bitstarz Promo Code 2025: How to Get 5 BTC + 210 Free Spins Using “Hella” Code

Are you interested in claiming the best BitStarz promo code?  If so, you came to…

June 5, 2025

Stake.com Promo Codes 2025: Use “HELLA200” & Get up to $3000

Are you on the lookout for unique and rewarding Stake.com promo codes? If that is…

June 5, 2025

Chamath Palihapitiya Predicts Ripple, Coinbase, and Stripe Will Fight for USDC Dominance

The crypto community is betting high on Ripple Circle acquisition rumours. Many XRP influencers speculate…

June 5, 2025

Pi Network Price Prediction: Could Prices Below $0.70 Be the Best Buy Before the Next Rally?

The Pi Network is once again making headlines — but not for the reasons its…

June 5, 2025

XRP to $1,000? Ripple Co-founder Could Be Worth $2.7 Trillion, 500K Millionaire Boom Predicted

XRP is currently trading at $2.20, down 2.3% in the last 24 hours and about…

June 5, 2025

XRP Lawsuit End When? Expert Says SEC Dropped Appeal, 60-Day Delay Could Follow Ripple

It’s now been 20 days since Judge Analisa Torres denied both Ripple and the SEC’s…

June 5, 2025