本週在Crypto中，幾個美國經濟數據發布將影響比特幣（BTC）和加密市場情緒

本週，美國五個經濟數據集，包括服務和製造PMI，消費者信心，初始失業索賠，GDP和PCE指數

This week, several US economic data releases will influence Bitcoin (BTC) and crypto market sentiment in general.

本週，美國的幾項經濟數據發行將影響比特幣（BTC）和加密市場情緒。

Bitcoin’s price still hovers nearly at the $87,000 threshold, defending against further downside despite being devoid of sufficient catalysts to activate its upside potential.

比特幣的價格仍然徘徊在87,000美元的門檻上，儘管沒有足夠的催化劑來激活其上升潛力，但仍防止進一步的缺位。

US Economic Data With Crypto Implication This Week

本週與加密貨幣的美國經濟數據

This week, five US economic data sets, including services and manufacturing PMI, consumer confidence, initial jobless claims, GDP, and PCE Index, interest crypto traders and investors. Here is how they could sway sentiment.

本週，五個美國經濟數據集，包括服務和製造PMI，消費者信心，初始失業索賠，GDP和PCE指數，利息加密交易者和投資者。這是他們可以搖擺情緒的方式。

Services and Manufacturing PMI

服務和製造PMI

The S&P Global US Services and Manufacturing PMI data, due on Monday, March 24, will gauge the health of these critical sectors. Recent trends show manufacturing holding strong at 52.7, while services follow at 51.0.

標準普爾全球美國服務和製造PMI數據將於3月24日星期一衡量這些關鍵部門的健康。最近的趨勢顯示，製造業的持有率為52.7，而服務則為51.0。

Strong manufacturing and services PMI readings could boost risk appetite, potentially lifting Bitcoin as investors seek high-yield assets. Conversely, readings below 50 would signal economic contraction, stoking recession fears and effectively driving safe-haven flows away from crypto.

強大的製造和服務PMI讀數可以提高風險的胃口，隨著投資者尋求高收益資產，可能會提升比特幣。相反，50歲以下的讀數將表明經濟收縮，引起經濟衰退的恐懼，並有效地推動安全的避風勢從加密貨幣中流出。

With Trump’s pro-growth policies gaining traction, any upside surprise could amplify bullish sentiment, though persistent weakness may temper enthusiasm.

隨著特朗普的促成增長政策引起了人們的關注，儘管持續的弱點可能會緩解熱情，但任何令人驚訝的驚喜都可能會增強看漲的情緒。

“A busy week as we come to the end of Q1 2025. How will the markets close out the first quarter of Trump’s new term?” analyst Mark Cullen of AlphaBTC posed.

“當我們到達2025年代末，一個繁忙的一周。市場將如何結束特朗普新任期的第一季度？” Alphabtc的分析師Mark Cullen。

Consumer Confidence

消費者信心

Tuesday’s Consumer Confidence Index from The Conference Board, expected around 10 AM ET, will reflect spending attitudes amid economic uncertainty. Despite solid job growth, February’s drop to 98.3—its steepest since 2021—hints at unease.

週二在美國東部時間上午10點左右，會議委員會的消費者信心指數將反映在經濟不確定性的情況下的支出態度。儘管工作紮實，但2月的工作量降至98.3（自2021年以來最陡峭），這令人不安。

A rebound to the median forecast of 95.0 could signal waning retail optimism, a key driver for Bitcoin’s retail-heavy market, pushing prices higher.

對95.0的中位數預測的反彈可能表明零售零售樂觀，這是比特幣零售繁重市場的關鍵驅動力，提高了價格。

However, if confidence sinks further, dovish Federal Reserve (Fed) expectations might grow, offering mixed outcomes. Liquidity hopes could buoy BTC price, but risk-off moves might dominate.

但是，如果信心進一步消失，則挑剔的美聯儲（美聯儲）期望可能會增加，並帶來混亂的結果。流動性希望可以促進BTC的價格，但冒險行動可能占主導地位。

Initial Jobless Claims

最初的失業聲明

Thursday’s Initial Jobless Claims report will track labor market strength, showing the number of US citizens filing for unemployment insurance.

週四的最初失業索賠報告將追踪勞動力市場的實力，顯示美國公民申請失業保險的人數。

The 223,000 reading for the week ending March 15, was slightly lower than the anticipated 224,000, suggesting a slowdown in the economy. This is a crucial factor for the Fed’s monetary policy. It also follows a week of positive sentiment with initial jobless claims in the US coming in at 220,000 for the week ending March 8, compared to an expected 225,000.

截至3月15日的一周的223,000讀物略低於預期的224,000，這表明經濟放緩。這是美聯儲貨幣政策的關鍵因素。這也是一周的積極情緒，截至3月8日的一周，美國的最初失業者索賠為220,000，而預期的225,000則為225,000。

This time, however, the median forecast is a slight increase in initial jobless claims to 226,000 for the week ending March 22.

然而，這次的中位數預測是截至3月22日的一周的最初失業者索賠略有增加到226,000。

Higher claims could spark recession jitters, nudging investors toward Bitcoin as a hedge against instability. On the other hand, lower claims might bolster traditional markets, siphoning capital from crypto. With the Trump administration eyeing labor boosts, this data could pivot sentiment sharply.

更高的索賠可能會引起衰退的震動，將投資者推向比特幣，以此作為防止不穩定的對沖。另一方面，較低的主張可能會加強傳統市場，從而從加密貨幣中汲取資本。隨著特朗普政府關注勞動力的增長，這些數據可能會急劇旋轉。

GDP

The GDP second revision for Q4 2024, also out Thursday, is forecasted at 2.3%. Stronger growth could dampen Bitcoin’s appeal as a risk asset if investors favor equities, especially with revised 2024 figures showing a 3% annual rise.

第四季度2024年第4季度的GDP第二次修訂預計為2.3％。如果投資者有利於股票，則更強勁的增長可能會削弱比特幣作為風險資產的吸引力，尤其是經過修訂的2024個數字顯示，年度增長3％。

A weaker print might fuel rate-cut speculation, enhancing BTC’s allure as a store of value. Crypto traders are watching how this aligns with recent Bureau of Economic Analysis (BEA) updates signaling strong consumer spending.

較弱的印刷品可能會推出限制猜測，從而增強了BTC作為價值存儲的魅力。加密貨幣交易員正在觀察這與最近的經濟分析局（BEA）更新如何相吻合，這表明消費者支出強勁。

Meanwhile, Bitcoin OG and economist George Selgin is challenging claims that a Strategic Bitcoin Reserve would boost GDP. The finance expert argues that Bitcoin’s price growth does not directly or significantly influence a country’s economic output.

同時，比特幣OG和經濟學家喬治·塞爾金（George Selgin）挑戰說，戰略比特幣儲備將促進GDP。財務專家認為，比特幣的價格增長不會直接或顯著影響一個國家的經濟產出。

“….But that [Bitcoin] price has no definite and substantial bearing on GDP, so by stocking up on Bitcoin the gov’t does not grow the GDP,” he explained.

他解釋說：“……但是，[比特幣]價格對GDP沒有明確的影響，因此，通過儲備比特幣，政府不會增長GDP。”

This standpoint stems from Trump’s March 2025 Executive Order creating a Strategic Bitcoin Reserve using forfeited assets. Selgin and others criticize this as a misuse of public funds.

這一立場源於特朗普2025年3月的行政命令，創建了使用沒收資產的戰略比特幣儲備。塞爾金和其他人批評這是對公共資金的濫用。

PCE Index

PCE索引

Finally, the Fed’s preferred inflation gauge, the PCE Index (Personal Consumption Expenditures), is due on Friday. The index for February will follow January’s 2.5% year-on-year (YoY) rise.

最後，美聯儲的首選通貨膨脹量表，PCE指數（個人消費支出），將於週五到期。 2月份的指數將隨著1月份的同比增長2.5％（YOY）的增長。

A hotter-than-expected core PCE (excluding food and energy) could delay rate cuts, pressuring Bitcoin downward as tighter policy looms. A softer reading might ignite a rally, reinforcing hopes of monetary easing. With inflation stickiness lingering, this release could dictate BTC’s near-term trajectory.

超過預期的核心PCE（不包括食物和能源）可能會延遲削減速度，從而將比特幣向下施加壓力，因為政策迫在眉睫。柔和的閱讀可能會激發集會，增強貨幣寬鬆的希望。隨著通貨膨脹的粘性，此版本可以決定BTC的近期軌跡。

Crypto markets remain on edge, with these events poised to shape Bitcoin’s path amid changing US economic narratives.

加密貨幣市場仍然處於邊緣狀態，這些事件有望在改變美國經濟敘事的情況下塑造比特幣的道路。

BeInCrypto data shows BTC was trading for

Beincrypto數據顯示BTC正在交易