美国宏观经济数据本周要观看

加密市场的参与者，贸易商和投资者本周将观看几项美国经济活动。

As Bitcoin (BTC) hovers close to critical price levels, crypto investors are turning their attention to a busy week of US economic data that could tip the scales of market sentiment.

随着比特币（BTC）徘徊在接近关键价格水平的近处，加密投资者将注意力转向了繁忙的美国经济数据，这些数据可能会使市场情绪的范围提高。

From key employment figures to insights from Federal Reserve Chair Jerome Powell, these macroeconomic indicators are poised to influence the trajectory of the world’s leading cryptocurrency.

从关键的就业人物到美联储主席杰罗姆·鲍威尔（Jerome Powell）的见解，这些宏观经济指标有望影响世界领先的加密货币的轨迹。

US Macroeconomic Data To Watch This Week

美国宏观经济数据本周要观看

Crypto market participants, traders, and investors have several US economic events to slip into view this week. This follows a notable sentiment shift during the weekend, driven by US President Donald Trump’s move to commission a crypto reserve.

加密市场参与者，贸易商和投资者本周有几次美国经济活动可以参观。这是在周末发生的一个显着的情绪转变之后，由美国总统唐纳德·特朗普（Donald Trump）委托加密保护区的举动。

The crypto market’s reaction to the president’s executive order showcases the growing place of Bitcoin within the United States macroeconomic sphere. Here is a breakdown of the five key data points to watch and their potential impact on the world’s leading cryptocurrency.

加密市场对总统行政命令的反应展示了比特币在美国宏观经济领域的日益增长的位置。这是要观看的五个关键数据点的细分及其对世界领先的加密货币的潜在影响。

ADP Employment Report

ADP就业报告

The week commences with the ADP National Employment Report on Wednesday. This US economic data provides a crucial gauge of private-sector job growth. After the previous 183,000, economists anticipate February’s jobs data to slow down to around 143,000. This reflects a continued cautious hiring environment, as President Trump’s economic policies remain a topic of interest.

一周从周三的ADP国家就业报告开始。美国的经济数据提供了至关重要的私营部门工作增长。在之前的183,000个之后，经济学家预计2月份的就业数据将减缓至143,000。这反映了一个持续谨慎的招聘环境，因为特朗普总统的经济政策仍然是一个有趣的话题。

A stronger-than-expected report could signal resilience in the labor market, potentially boosting the US dollar and pressuring Bitcoin as investors pivot to traditional assets. Conversely, a weaker print might fuel expectations of Federal Reserve rate cuts, lifting BTC as a risk asset.

一份超过预期的报告可能表明在劳动力市场上的韧性，可能会增加美元，并向比特币施加压力，因为投资者对传统资产的投资枢纽。相反，较弱的印刷品可能会加剧对美联储削减税率的期望，从而将BTC作为风险资产提高。

“The focus is on jobs data this week, with ADP on Mar 5 expected at 143,000 and non-farm payrolls on Mar 7 forecasted at 160,000. If those hit or beat, the bulls will likely drive a 1-2% gain, fueled by optimism in tech and a belief in a soft landing,” one user commented.

“重点是本周的工作数据，ADP预计3月5日为143,000，而3月7日的非农业工资预测为160,000。如果那些击中或击败的人，公牛队可能会带来1-2％的收益，这是由于对技术的乐观情绪和对软着陆的信念所推动的。”一位用户评论道。

However, the outcome remains uncertain, with historical trends showing mixed reactions in crypto markets to ADP surprises.

但是，结果仍然不确定，历史趋势表明加密货币市场对ADP惊喜的反应不同。

Initial Jobless Claims

最初的失业声明

Thursday’s Initial Jobless Claims report will offer a real-time snapshot of the US labor market’s health. The previous week’s figure saw an increase to 242,000, exceeding the consensus of 225,000, signaling economic softening.

周四最初的失业索赔报告将为美国劳动力市场健康的实时快照提供。上一周的数字增加到242,000，超过了225,000的共识，这表明经济软化。

According to data on MarketWatch, analysts anticipate a slight uptick to around 243,000 for the week ending March 1. Lower claims could reinforce confidence in the economy, potentially reducing Bitcoin’s appeal as a hedge against uncertainty.

根据MarketWatch的数据，分析师预计截至3月1日的一周将有略有上涨至243,000个。较低的索赔可能会增强对经济的信心，从而减少比特币的吸引力，作为对冲不确定性的对冲。

Higher claims, however, might stoke fears of a slowdown, driving investors toward BTC as a safe-haven alternative.

但是，更高的主张可能会担心会放缓，这使投资者成为了避风港的选择。

US Unemployment Rate

美国失业率

Friday’s US jobs report, including the unemployment rate, is a market marquee event. Forecasts peg job growth at 160,000 for February, up from January’s 143,000, with the unemployment rate forecasted at 4.1%, higher than the previous 4.0%.

星期五的美国就业报告，包括失业率，是市场票价活动。预测2月份的PEG职位增长为160,000，比1月份的143,000倍，失业率为4.1％，高于前面的4.0％。

Strong job growth could dampen hopes for monetary easing, pressuring Bitcoin as higher interest rates make yield-bearing assets more attractive. A disappointing report, on the other hand, might bolster BTC’s narrative as a hedge against economic weakness.

强劲的就业增长可能会削弱对货币降低的希望，这会给比特币施加压力，因为较高的利率使承重资产更具吸引力。另一方面，令人失望的报告可能会促进BTC的叙述，以此作为对经济弱点的篱笆。

Jerome Powell Speech

杰罗姆·鲍威尔的演讲

Rounding out the week’s macroeconomic tapestry is a speech by Federal Reserve Chair Jerome Powell, featuring US economic data that could influence crypto sentiment this week. His speech could set the tone for monetary policy expectations.

美联储主席杰罗姆·鲍威尔（Jerome Powell）的演讲是美国的经济数据，本周可能会影响加密情绪。他的讲话可能会为货币政策期望定下基调。

His remarks, scheduled for Friday, will be parsed for clues on rate cuts in 2025, especially after the Fed’s latest interest rate decision.

他的讲话定于周五举行，将在2025年削减税率的线索，尤其是在美联储最新的利率决定之后。

Dovish hints—suggesting more aggressive easing—would propel Bitcoin higher by weakening the dollar and boosting risk appetite. A hawkish stance, emphasizing inflation control, might weigh on BTC as borrowing costs rise.

奇特的提示（提高了更具侵略性的宽松）将通过削弱美元并提高风险食欲来推动比特币更高。强调通货膨胀控制的鹰派立场可能会随着借贷成本的上升而权衡。

Notably, Powell recently told the Senate Banking Committee that he is in no rush to cut interest rates, maintaining a cautious economic approach. Nevertheless, it is impossible to ignore the growing concerns among US policymakers about President Trump’s policies.

值得注意的是，鲍威尔最近告诉参议院银行委员会，他不急于降低利率，保持谨慎的经济态度。然而，不可能忽略美国政策制定者对特朗普总统政策的日益严重的关注。

“Many participants suggested that a variety of factors underlined the need for a careful approach to monetary policy decisions over coming quarters,” the Fed’s previous minutes stated.

美联储的前几分钟说：“许多参与者建议，各种因素强调了在未来几个季度对货币政策决策进行仔细方法的必要性。”

Consumer Credit

消费者信用

Finally, Friday’s Consumer Credit data will shed light on American borrowing trends. Following a $40.85 billion increase in December, a sharp rise could signal strong consumer confidence, potentially reducing Bitcoin’s allure as disposable income flows elsewhere.

最后，星期五的消费者信贷数据将阐明美国借贷趋势。在12月增长了408.5亿美元之后，急剧上升可能表明消费者的信心强烈，可能会减少比特币的吸引力，因为它们是其他地方的可支配收入流。

A slowdown in credit growth might suggest economic caution, nudging investors toward BTC as a store of value amid uncertainty. Nevertheless, data on MarketWatch indicates a modest median forecast of $12 billion.

信贷增长的放缓可能表明经济谨慎，在不确定性的情况下将投资者推迟为价值。尽管如此，MarketWatch上的数据表明中位数预测为120亿美元。

As of this writing, Bitcoin was trading for $92,811, up by over 8%

截至撰写本文时，比特币的交易价格为92,811美元，增长了8％以上