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  • Rizwan Ansari
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    Rizwan is an experienced Crypto journalist with almost half a decade of experience covering everything related to the growing crypto industry — from price analysis to blockchain disruption. During this period, he’s authored more than 3,000 news articles for Coinpedia News.

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    Key US Economic Events To Watch This Week

    Story Highlights
    • Trump–Zelensky meeting could bring diplomatic surprises, though experts expect Bitcoin remains mostly steady.

    • FOMC minutes hold massive weight after July’s decision triggered a sharp 4% Bitcoin dip.

    • Powell’s Friday speech could decide crypto’s direction, with cautious tone risking short-term market disappointment.

    This week, global investors eyes are locked on the United States as four major economic events are set to unfold. Starting with the Trump-Zelensky meeting, FOMC minutes, then Initial jobless claims, and lastly Fed Chair Powell’s speech.

    Their outcomes could have a major impact on the crypto market, with traders watching closely for shifts in prices, policies, and overall sentiment.

    Top US Economic Events This Week

    Here’s a look at the key U.S. economic events this week that could heavily impact the crypto market.

    Monday: Trump–Zelensky Meeting

    Starting this week, with a high-stakes diplomatic meeting between President Donald Trump and Ukrainian President Volodymyr Zelensky in Washington. This comes just a few days after Trump’s highly scrutinized Alaska summit with Vladimir Putin

    Last month, a similar meeting with Putin didn’t move the crypto market much, Bitcoin dropped less than 2%. Most experts expect Bitcoin will remain steady unless major new policies or conflicts are announced.

    Wednesday: FOMC Minutes

    Looking ahead, the most awaited event is the FOMC minutes on August 20. This meeting carries extra weight because, in July, the Fed kept rates unchanged at 4.25–4.5%. That decision, however, triggered a 4% dip in Bitcoin and the broader crypto market.

    However, the FOMC minutes will clarify whether the Federal Reserve is leaning more dovishly amid slowing growth and rising political influences. 

    Thursday: Jobless Claims and Economic Pulse

    The labor market remains a key focus for the Fed. Last month’s jobless claims fell to 224,000, showing strength but also early signs of cooling. For crypto traders, this data often matters, weaker reports usually boost hopes of rate cuts and fuel rallies.

    This month, however, jobless claims are expected to rise slightly to 227,000, keeping investors alert for any market reaction.

    Friday: Powell’s Speech as Crypto Catalyst

    All eyes turn to Friday as Jerome Powell delivers his post-FOMC remarks. Analysts expect Powell to “keep his cards close”, rely on new data before making moves. If he sounds too cautious, markets may be let down, but even a small sign of softer rates or job weakness could spark a new Bitcoin jump.

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