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Bitcoin Surges Above $87K as US Inflation and Job Reports Loom

Yeliz Akmaca — Mon, 24 Nov 2025 13:00:18 +0000

The crypto market is showing signs of recovery ahead of key US economic data this week. Bitcoin bounced back above $87,000, rising nearly 2% in the past 24 hours, while the broader crypto market gained approximately 1.5%.

Bitcoin’s rebound from a recent low of $80,000 to above $85,000 over the weekend reflects renewed investor confidence. Trading volumes jumped nearly 50%, signaling increased market activity. Analysts attribute part of this surge to returning institutional participation. US spot ETFs saw inflows of about $238 million, helping to restore market confidence. Weekend trading typically drops by up to 25%, which can exaggerate price movements.

Investor sentiment also benefited from expectations of a Federal Reserve rate cut. Markets are currently pricing in a 67% probability of a December reduction, boosting optimism. Additionally, BlackRock’s proposed staked Ethereum ETF, with an estimated 3–4% yield, further fueled market confidence.

US Economic Reports Could Drive Volatility

Investors are closely watching three key US reports this week: the Producer Price Index (PPI), weekly jobless claims, and the Fed’s preferred inflation gauge, the PCE.

The PPI, scheduled for release on Tuesday, November 25, will reveal wholesale price trends. A higher-than-expected PPI could reduce rate-cut expectations, while softer data might support policy easing early next year.

Weekly jobless claims, due on Wednesday, November 26, could also influence market sentiment. Higher-than-expected unemployment claims typically reinforce the case for sooner rate cuts. Last week’s US job report exceeded projections, driving Bitcoin gains.

The PCE inflation report will likely be the key short-term market driver. By reflecting real consumer behavior, any upside surprise could trigger immediate volatility across Bitcoin and major altcoins.

Analysts Split on Market Sustainability

Analyst Oleg Kalmanovich notes that US retail sales and PCE data will determine if the recovery continues. Weak data could strengthen the case for a December rate cut, while stronger numbers may apply pressure on the market into early 2026.

CryptoQuant highlights that short-term holders have largely capitulated, suggesting a potential near-term bounce. However, losing the $80,000 support level could trigger a prolonged correction.

According to QCP Asia, BTC is showing early recovery signs after a brutal 30% drop. Dovish Fed comments have pushed December rate-cut expectations to 75%. Derivatives positioning indicates traders are still betting on upside, with year-end call open interest outweighing puts. Negative funding rates also suggest long leverage has been flushed, reducing downside risk.

This week is pivotal for the crypto market. PPI, jobless claims, and PCE data, combined with positive ETF flows, could determine whether Bitcoin’s rebound above $87K is sustainable.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

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Headwinds in the Market After PPI Data: Rate Cut Expectations Decline!

Emre Yumlu — Thu, 14 Aug 2025 13:46:55 +0000

The latest Producer Price Index (PPI) and jobless claims data from the U.S. have weakened market expectations for a rate cut. The released figures revealed that inflationary pressures remain above forecasts, reducing the likelihood of the Fed delivering an aggressive rate cut in the near term.

Data Above Expectations

U.S. Initial Jobless Claims: 224K (Forecast: 225K, Previous: 226K)
Annual PPI: 3.3% (Forecast: 2.5%, Previous: 2.3%)
Monthly PPI: 0.9% (Forecast: 0.2%, Previous: 0.0%)

The fact that both annual and monthly PPI came in significantly higher than expected has reinforced the market perception that “inflation is still not under control.”

Decline in Rate Cut Probabilities

According to Polymarket data, rate cut probabilities for the September 17, 2025 FOMC meeting are as follows:

50+ bps cut: 5%
25 bps cut: 75%
No change: 19%

These figures show that after the PPI release, the likelihood of a strong 50 basis point cut has weakened considerably, creating a more cautious outlook in the markets.

Sharp Drop in Bitcoin

This negative macroeconomic sentiment also spilled over into Bitcoin prices. The leading cryptocurrency fell 3.51%, dropping below $119,000. Rising inflation data and the decreased likelihood of a more dovish Fed stance have increased selling pressure on risk assets.

Short-term market volatility is expected to continue, with investors closely monitoring both inflation indicators and statements from Fed officials.

$1.05 Billion in Positions Liquidated in the Last 24 Hours!

In the past 24 hours, heightened volatility in the crypto market has led to more than $1.05 billion in liquidations. Of this, $781.97 million came from long positions and $270.19 million from short positions. This highlights the severe losses for leveraged traders and the sharp moves occurring in both directions.

U.S. Stocks Open Lower!

U.S. equities started the day slightly in the red. At the open, the Dow Jones index was down 0.07%, the S&P 500 fell 0.30%, and the tech-heavy Nasdaq slipped 0.31%. This weak opening reflects investors’ cautious stance regarding economic data and rate cut expectations.

This content is for informational purposes only and does not constitute investment advice. Markets carry high risks, and you should always conduct your own research before making investment decisions.

Also, you can freely share your thoughts and comments about the topic in the comment section. Additionally, please follow us on our Telegram, YouTube and Twitter channels for the latest news and updates.

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U.S. PPI & Jobless Claims Impact Markets

Yeliz Akmaca — Thu, 14 Aug 2025 12:32:23 +0000

Today at 15:30, the U.S. Initial Jobless Claims and Producer Price Index (PPI) were released. The data will be decisive for the Fed’s interest rate policy and market direction.

Expectation: 225K
Actual: 224K
Previous: 226K

PPI is an important inflation indicator that shows changes in producer costs. US Monthly Producer Price Index (PPI) announced at 0.9% (Expected: 0.2%, Previous: 0%)

Expectation: 0.2%
Actual: 3.3%
Previous: 0%

Impact of U.S. PPI and Jobless Claims on the Market

The U.S. PPI data indicates changes in producer costs and provides early signals of inflation. A high U.S PPI increase raises the likelihood of costs passing on to consumers, influencing investors’ inflation expectations. This can shape the Fed’s interest rate decisions; if there is upward pressure, a rate hike may be considered, while low or stable values support a rate cut or maintaining current levels.

Jobless claims reflect the health of the labor market. Rising claims indicate economic slowdown and may prompt the Fed to pursue more accommodative policies. Low claims suggest a strong labor market, supporting decisions to raise or maintain interest rates. These data create short-term volatility in stock, currency, bond, and crypto markets, directly affecting investor strategies.

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U.S. Jobless Claims Announced! Here Are All the Details!

Yeliz Akmaca — Thu, 24 Jul 2025 12:31:44 +0000

U.S. initial jobless claims were announced as 217K. Economists expected around 227,000. The previous week’s claims were recorded at 221,000. The unemployment claims, which were announced as 221 thousand last week, showed a decrease of 4 thousand this week. This situation may indicate a potential improvement in unemployment rates.

Summary:

Expected: 227K
Previous: 221K
Actual: 217K

Why This Data Matters

Weekly initial jobless claims in the U.S. indicate the number of people filing for unemployment benefits for the first time. This data provides direct insight into short-term labor market dynamics. A decrease in claims signals fewer layoffs and suggests labor market stability. In a period marked by high inflation and tight monetary policies, such data is crucial for the Federal Reserve’s decisions.

Historical Comparison: General Trend in Jobless Claims

U.S. jobless claims have fluctuated recently, showing a limited upward trend overall. Claims rose to 233,000 at the end of June, then dropped again to 227,000 by mid-July.

In the second half of 2024, claims generally fluctuated between 220,000 and 240,000. These levels are still considered low historically. For example:
During the 2020 pandemic, weekly claims soared to several million.
In mid-2022, weekly claims averaged around 250,000–270,000.
In 2023, these numbers fell to around 200,000–230,000.

This year’s levels indicate that the U.S. labor market continues to largely sustain its post-pandemic recovery, with no widespread layoffs.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

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U.S. Jobless Claims Announced! What Do the Numbers Reveal?

Emre Yumlu — Thu, 17 Jul 2025 12:39:28 +0000

Jobless claims in the United States came in at 221,000, falling short of expectations. Economists had forecast a median estimate of 233,000. In the previous week, the figure stood at 227,000. This result indicates that the labor market remains relatively strong.

What Do U.S. Jobless Claims Data Mean?

Jobless claims tend to rise during periods of economic slowdown. However, the figure released this week shows that the U.S. economy continues to remain resilient on the employment front. Although seasonal effects during the summer months can cause fluctuations, the overall trend being downward is notable.

According to experts, the 221K figure ranks among the lowest claim levels in the post-pandemic period. This suggests that employers are inclined to retain their existing workforce and that layoffs remain limited.

Crucial for the Fed’s Roadmap

For the Federal Reserve (Fed), developments in the labor market play a critical role in shaping monetary policy. Especially during the ongoing fight against inflation, employment data carry important signals regarding the Fed’s timing for potential rate cuts.

Low jobless claims indicate that signs of overheating in the economy persist, which may lead the Fed to act cautiously when considering a possible interest rate reduction.

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Is a Rate Cut Possible This Fall? How About U.S. Economic Data?

Emre Yumlu — Thu, 26 Jun 2025 14:04:41 +0000

Important labor market data from the United States has been released. For the week ending June 21, initial jobless claims came in at 236,000, below economists’ expectations of 244,000. The previous week’s figure was 246,000.

During the same period, continuing claims showed a notable increase. For the week ending June 14, claims rose to 1.974 million, the highest level since November 2021. Expectations were around 1.950 million.

Economic Contraction Exceeds Expectations

The U.S. economy shrank by 0.5% on an annualized basis in the first quarter of 2024. Economists had forecasted a 0.2% decline. This marks a sharp pullback compared to the 2.4% growth recorded in the last quarter of 2023.

Layoffs on the Rise, Hiring Remains Weak

Although initial jobless claims have decreased in the short term, broader data indicates an increase in layoffs. With the start of summer holidays and technical factors, non-teaching staff in some states are eligible to file for unemployment, contributing to the rise.

Economists also highlight that growing uncertainties and President Donald Trump’s import tariffs have made it difficult for companies to plan ahead, leading many firms to take a cautious approach toward hiring.

Could the Federal Reserve Cut Rates This Fall?

The Federal Reserve held interest rates steady last week, keeping the benchmark rate in the 4.25%–4.50% range. Fed Chair Jerome Powell noted that they are waiting to see more clarity on external inflation pressures before considering any rate cuts. The likelihood of a rate cut this fall appears to be increasing.

Unemployment Rate May Rise

The rise in continuing claims suggests that the unemployment rate could climb from 4.2% in May to 4.3% in June. A recent Conference Board survey showed the share of consumers who believe jobs are “plentiful” dropped to its lowest level in over four years.

Lou Crandall, Chief Economist at Wrightson ICAP, commented, “The rising volume of layoffs is likely to translate into an increase of at least one-tenth of a percent in the national jobless rate in the June employment report.”

U.S. Stock Markets Close Higher

Additionally, U.S. stock markets in positive territory. The Dow Jones rose by 0.24%, the S&P 500 by 0.38%, and the Nasdaq by 0.45%. This uptick was supported by easing tensions in the Middle East and Powell’s dovish tone on potential interest rate cuts, which sparked short-term optimism in the markets.

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Economic Calendar and Important Developments This Week

Yeliz Akmaca — Mon, 19 May 2025 10:22:31 +0000

As a busy week begins on the US economic calendar, Bitcoin recorded its highest weekly close in history at around $106,500. However, global economic uncertainties and critical data releases raise questions about the sustainability of this momentum. At the time of writing, Bitcoin is trading around $103,000. US-China trade talks, Fed policies, and developments in altcoin projects could increase volatility in the crypto market. Here are the key news events that may impact the crypto market from May 19 to 25, 2025:

May 19, Monday

Coinbase was included in the S&P 500 index on May 19, 2025.
Eurozone annual inflation rate announced at 2.2%.
(Expected: 2.2%, Previous: 2.2%)

May 20, Tuesday

Pyth Network (PYTH) unlock event to take place.
Unlocked amount: 2.13 billion tokens
Value: $333.86 million
Market cap ratio: 58.3%

May 21, Wednesday

Solana (SOL) developer conference. New ecosystem projects or partnerships may support SOL price.
S&P Global Manufacturing and Services PMI Preliminary Data (May 2025). These figures will reflect economic activity in the US. Manufacturing PMI is expected to rise from 50.2 to 50.5, Services PMI from 50.8 to 51.0.

May 22, Thursday

Bitcoin Pizza Day event.
Gala dinner hosted by US President Donald Trump, exclusively for the largest 220 $TRUMP coin holders.
12:30 (UTC): US Unemployment Claims. (Expected: 227k, Previous: 229k).

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U.S. Data Released: Bitcoin Reacts Upward!

Yigit Taha OZTURK — Thu, 15 May 2025 12:47:29 +0000

Global markets are reacting to the latest batch of U.S. economic data, which included a surprise in the inflation front. As inflationary pressure continues to ease, Bitcoin responded with modest gains, reflecting renewed optimism in the crypto sector.

Monthly PPI Falls -0.5%, Defying Expectations

The Monthly Producer Price Index (PPI) came in at -0.5%, well below the market forecast of 0.2%. The previous month’s reading stood at -0.4%, indicating sustained downward pressure on producer prices.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

Meanwhile, the Yearly PPI was reported at 2.4%, slightly below expectations of 2.5%, and down from the previous reading of 2.7%. The data suggests that inflation may be cooling faster than anticipated, potentially giving the Federal Reserve more room to consider rate cuts.

Jobless Claims Match Expectations

In line with forecasts, initial jobless claims were reported at 229K, up slightly from the previous week’s 228K. While the labor market remains stable, inflation data took center stage in driving investor sentiment.

Following the economic releases, Bitcoin climbed from 102,430 $ to 102,805 $, marking a 0.40% increase. The crypto market welcomed the lower inflation figures, with BTC showing resilience amid broader economic uncertainty.

BTC/USDT pair 1-minute chart.

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Markets Await Key U.S. Data Today! What Could Happen?

Emre Yumlu — Thu, 15 May 2025 10:30:01 +0000

Today, global markets are proceeding with caution due to critical economic data coming from the U.S. and a speech by Fed Chair Jerome Powell. Especially data that could affect the inflation outlook and monetary policy signals may have a broad impact from cryptocurrency markets to traditional markets.

U.S. Jobless Claims and PPI to Be Announced!

At 15:30, two important data points will be released simultaneously:

Jobless Claims

Expectation: 229K
Previous: 228K
This data provides an important indicator of how strong or weak the labor market is. A figure below expectations would signal strength in the employment market, while a higher number could raise recession concerns.

Monthly Producer Price Index (PPI)

Expectation: 0.2%
Previous: -0.4%
This data, which shows the trend of inflation on the producer side, stands out as a leading indicator of consumer inflation. If the PPI exceeds expectations, it could bring back the possibility of the Fed tightening its interest rate policies.

At 15:40, attention will turn to the speech by Fed Chair Jerome Powell. Statements such as “we will be patient” or “we will act based on data” could cause significant market volatility.

What Happens If the Data Meets or Misses Expectations?

If the data aligns with or exceeds expectations, short-term optimism may be seen in the markets. In this scenario, the dollar may strengthen, and stock markets may move upward, but cryptocurrencies could come under pressure.

If the data falls short of expectations, especially if PPI remains in negative territory, expectations that the Fed may begin rate cuts earlier could come to the forefront. This could create a positive environment for assets like gold and cryptocurrencies.

This content does not constitute investment advice. Markets involve high risk, and it is important to conduct your own research before making investment decisions.

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US Unemployment and PPI Data Released: How Will It Affect the Market?

Yigit Taha OZTURK — Thu, 13 Mar 2025 12:42:52 +0000

New economic data released from the United States is in the spotlight for global markets. US Initial Jobless Claims for the week ending March 9, 2025, were reported at 220,000. The market expectation was 226,000, while the previous figure was 221,000, indicating that the US labor market remains resilient.

On the other hand, the US Producer Price Index (PPI) was announced at 0.0% on a monthly basis. Market expectations were for a 0.3% increase, and the previous reading was 0.4%. On an annual basis, PPI came in at 3.2%, aligning closely with market forecasts.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

Potential Impact on Crypto Markets

The implications of these figures for the Federal Reserve (FED)‘s monetary policy are of significant interest to cryptocurrency markets. The lower-than-expected PPI suggests that inflationary pressures are easing, which could reinforce expectations that the FED may adopt a more cautious stance regarding future interest rate hikes. This scenario might support short-term bullish momentum for Bitcoin (BTC), Ethereum (ETH), and the broader crypto market.

However, jobless claims remaining lower than expected highlights continued strength in the US economy. This could sustain concerns that the FED may maintain its “hawkish” policy stance, keeping market participants cautious. As a result, crypto markets are navigating mixed signals from the latest economic data.

In the short term, the lower PPI figure may generate positive sentiment within cryptocurrency markets. However, the ongoing strength in the labor market keeps macroeconomic risks on the radar. Investors are advised to closely monitor upcoming FED statements and any clues regarding future interest rate policies.

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