本周在Crypto中，几个美国经济数据发布将影响比特币（BTC）和加密市场情绪

本周，美国五个经济数据集，包括服务和制造PMI，消费者信心，初始失业索赔，GDP和PCE指数

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

本周，美国的几项经济数据发行将影响比特币（BTC）和加密市场情绪。

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.

比特币的价格仍然徘徊在87,000美元的门槛上，尽管没有足够的催化剂来激活其上升潜力，但仍防止进一步的缺位。

US Economic Data With Crypto Implication This Week

本周与加密货币的美国经济数据

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.

本周，五个美国经济数据集，包括服务和制造PMI，消费者信心，初始失业索赔，GDP和PCE指数，利息加密交易者和投资者。这是他们可以摇摆情绪的方式。

Services and Manufacturing PMI

服务和制造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.

标准普尔全球美国服务和制造PMI数据将于3月24日星期一衡量这些关键部门的健康。最近的趋势显示，制造业的持有率为52.7，而服务则为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.

强大的制造和服务PMI读数可以提高风险的胃口，随着投资者寻求高收益资产，可能会提升比特币。相反，50岁以下的读数将表明经济收缩，引起经济衰退的恐惧，并有效地推动安全的避风势从加密货币中流出。

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

随着特朗普的促成增长政策引起了人们的关注，尽管持续的弱点可能会缓解热情，但任何令人惊讶的惊喜都可能会增强看涨的情绪。

“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.

“当我们到达2025年代末，一个繁忙的一周。市场将如何结束特朗普新任期的第一季度？” Alphabtc的分析师Mark Cullen。

Consumer Confidence

消费者信心

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.

周二在美国东部时间上午10点左右，会议委员会的消费者信心指数将反映在经济不确定性的情况下的支出态度。尽管工作扎实，但2月的工作量降至98.3（自2021年以来最陡峭），这令人不安。

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.

对95.0的中位数预测的反弹可能表明零售零售乐观，这是比特币零售繁重市场的关键驱动力，提高了价格。

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，如果信心进一步消失，则挑剔的美联储（美联储）期望可能会增加，并带来混乱的结果。流动性希望可以促进BTC的价格，但冒险行动可能占主导地位。

Initial Jobless Claims

最初的失业声明

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

周四的最初失业索赔报告将追踪劳动力市场的实力，显示美国公民申请失业保险的人数。

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读物略低于预期的224,000，这表明经济放缓。这是美联储货币政策的关键因素。这也是一周的积极情绪，截至3月8日的一周，美国的最初失业者索赔为220,000，而预期的225,000则为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，这次的中位数预测是截至3月22日的一周的最初失业者索赔略有增加到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.

更高的索赔可能会引起衰退的震动，将投资者推向比特币，以此作为防止不稳定的对冲。另一方面，较低的主张可能会加强传统市场，从而从加密货币中汲取资本。随着特朗普政府关注劳动力的增长，这些数据可能会急剧旋转。

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第二次修订预计为2.3％。如果投资者有利于股票，则更强劲的增长可能会削弱比特币作为风险资产的吸引力，尤其是经过修订的2024个数字显示，年度增长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.

较弱的印刷品可能会推出限制猜测，从而增强了BTC作为价值存储的魅力。加密货币交易员正在观察这与最近的经济分析局（BEA）更新如何相吻合，这表明消费者支出强劲。

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.

同时，比特币OG和经济学家乔治·塞尔金（George Selgin）挑战说，战略比特币储备将促进GDP。财务专家认为，比特币的价格增长不会直接或显着影响一个国家的经济产出。

“….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.

他解释说：“……但是，[比特币]价格对GDP没有明确的影响，因此，通过储备比特币，政府不会增长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.

这一立场源于特朗普2025年3月的行政命令，创建了使用没收资产的战略比特币储备。塞尔金和其他人批评这是对公共资金的滥用。

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.

最后，美联储的首选通货膨胀量表，PCE指数（个人消费支出），将于周五到期。 2月份的指数将随着1月份的同比增长2.5％（YOY）的增长。

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.

超过预期的核心PCE（不包括食物和能源）可能会延迟削减速度，从而将比特币向下施加压力，因为政策迫在眉睫。柔和的阅读可能会激发集会，增强货币宽松的希望。随着通货膨胀的粘性，此版本可以决定BTC的近期轨迹。

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

加密货币市场仍然处于边缘状态，这些事件有望在改变美国经济叙事的情况下塑造比特币的道路。

BeInCrypto data shows BTC was trading for

Beincrypto数据显示BTC正在交易