本周美国有几个美国经济指标

尤其是比特币（BTC），即使取得进一步的增长，也可以将其定位为波动性。

Several US economic indicators are in the lineup this week. Investors looking to take advantage of the expected volatility can front-run the following US economic data.

本周的几个美国经济指标正在阵容中。希望利用预期波动率的投资者可以在以下美国经济数据进行前进。

Consumer Confidence

消费者信心

The Conference Board’s Consumer Confidence Index plummeted to 86.0 in April 2025, a 7.9-point drop from March. This marked its lowest level since October 2011 and the fifth consecutive monthly decline.

会议委员会的消费者信心指数在2025年4月下降到86.0，从3月起7.9分。这标志着其自2011年10月以来的最低水平和连续第五个每月下降。

“Consumer Confidence is currently the second lowest since records began in 1952! The best analogue I can find is Q2 1982, where we have a similar shape on the oscillator and a second dip in confidence. This time, that second print is significantly deeper. Extraordinary that Bitcoin is at ATH, but not so extraordinary that no one cares,” Bitcoin analyst Decode stated in a post.

“消费者的信心是自1952年创始记录以来的第二低点！我能找到的最好的模拟是1982年第2季度，在振荡器上我们具有相似的形状，第二次倾斜。这次，第二张印刷品更加深刻了。比特币在雅特（Ath），但没有人如此非凡，但没有人关心。

Similarly, the Expectations Index, reflecting short-term outlooks for income, business, and labor markets, fell sharply to 54.4. As this was well below the 80 threshold, it signaled recession risks.

同样，预期指数反映了收入，商业和劳动力市场的短期前景，急剧下降至54.4。由于这远低于80个阈值，因此标志着衰退的风险。

According to data on MarketWatch, the median forecast is 86.0. However, consumers express growing concerns about future business conditions, employment prospects, and income.

根据MarketWatch的数据，中位预测为86.0。但是，消费者对未来的业务状况，就业前景和收入表示越来越关注。

Specifically, 32.1% anticipate fewer jobs in the next six months, a level unseen since the Great Recession. Tariff fears and rising prices also continue to be key drivers of prevailing pessimism.

具体来说，有32.1％的人预计在接下来的六个月中的工作量减少，这是自衰退以来看不见的水平。关税担心和价格上涨也是普遍悲观主义的关键驱动力。

This erosion of confidence suggests a reduced risk appetite for crypto investors. Pessimistic consumers are less likely to invest in speculative assets like Bitcoin, favoring safer options like bonds or cash.

这种信心的侵蚀表明，加密投资者的风险偏低。悲观的消费者不太可能投资于比特币（例如比特币）的投机资产，偏爱债券或现金等更安全的选择。

However, prolonged economic uncertainty could bolster Bitcoin’s appeal as a hedge against inflation or market instability. Crypto markets may see short-term pressure but could benefit from a flight to decentralized assets if recession fears intensify.

但是，长期的经济不确定性可以促进比特币的吸引力，以对冲通货膨胀或市场不稳定。加密货币市场可能会看到短期压力，但如果经济衰退加剧，可以从分散资产的飞行中受益。

FOMC Minutes

FOMC分钟

This week, the Federal Open Market Committee (FOMC) will release minutes from its May meeting. Recent reports have indicated a cautious approach to monetary policy.

本周，联邦公开市场委员会（FOMC）将从5月会议开始发布会议记录。最近的报告表明，对货币政策采取了谨慎的态度。

The Fed emphasized monitoring inflation closely, with some projecting only two rate cuts for 2025. Key citations include persistent inflationary pressures from tariffs and fiscal policies.

美联储密切强调监控通货膨胀，其中一些预计2025年仅降低了两个速度。主要引用包括关税和财政政策的持续通货膨胀压力。

Fed Chair Jerome Powell’s comments reinforced this hawkish tone, noting the economy’s resilience but highlighting risks from trade policies. The CME FedWatch tool indicates a 94.3% probability of a pause in rate changes at the June 2025 meeting, down from earlier expectations of more aggressive cuts.

美联储主席杰罗姆·鲍威尔（Jerome Powell）的评论加强了这种鹰派语调，指出经济的韧性，但强调了贸易政策的风险。 CME FedWatch工具表明，在2025年6月的会议上，费率变化的概率为94.3％，这与早期对更具侵略性削减的期望相比。

For crypto, a tighter monetary policy strengthens the US dollar, often pressuring risk assets like Bitcoin. The hawkish outlook remains a potential cap on crypto’s upside potential, given that higher interest rates make yield-bearing assets more attractive.

对于Crypto而言，一项更严格的货币政策加强了美元，通常会压力像比特币这样的风险资产。考虑到较高的利率使承重资产更具吸引力，鹰派前景仍然是加密货币上升潜力的潜在上限。

Traders should brace for volatility around the minutes of the Fed’s May FOMC meeting, which are due on Wednesday, May 28. Remarks around this US economic indicator could trigger price movements in the Bitcoin price.

交易者应在美联储5月的FOMC会议的会议记录左右付出波动，该会议将于5月28日星期三举行。有关该美国经济指标的评论可能会触发比特币价格的价格变动。

Initial Jobless Claims

最初的失业声明

Another US economic indicator to watch is the Initial Jobless Claims for the week ending May 24.

美国的另一个经济指标是截至5月24日的一周的最初失业声明。

In the week before that, ending May 17, the number of people who filed for unemployment insurance dropped to 227,000. This marked a slight drop, down from 229,000 the prior week. Continuing claims reached 1.903 million, a 36,000 increase, signaling a gradual labor market slowdown.

在此之前的一周，截至5月17日结束，申请失业保险的人数降至227,000。这标志着略有下降，低于上一周的229,000。持续的索赔达到1903万，增加了36,000，这表明逐渐劳动力市场放缓。

Notwithstanding, the median forecast is 228,000, which points to a softening labor market characterized by gradual weakening in job conditions, characterized by signs of rising unemployment or slower job growth.

尽管如此，中位预测的中位数为228,000，这表明劳动力市场的软化为特征，其特征是在工作条件下逐渐减弱，其特征是失业率上升或工作增长缓慢。

It signals a possible economic slowdown or uncertainty. Notably, a softening labor market could dampen crypto sentiment, as rising unemployment may reduce disposable income for speculative investments.

它标志着可能的经济放缓或不确定性。值得注意的是，劳动力市场的软化可能会削弱加密货币的情绪，因为失业率上升可能会减少投机性投资的可支配收入。

However, the current stability provides some support for risk assets. If claims surge unexpectedly, crypto prices could face downward pressure, as investors may shift to safer havens.

但是，当前的稳定性为风险资产提供了一些支持。如果索赔意外激增，加密价格可能会面对下降压力，因为投资者可能会转向更安全的避风港。

PCE

pce

The PCE Price Index for April 2025, due on May 30, 2025, is expected to show a year-over-year increase of 2.2%, down from 2.3% in March. Meanwhile, the core PCE (excluding food and energy) is projected to remain at 2.6%.

2025年4月（2025年5月30日）的PCE价格指数预计将显示出同比增长2.2％，低于3月份的2.3％。同时，预计核心PCE（不包括食物和能源）将保持2.6％。

March data showed a monthly PCE decrease of less than 0.1%, with core PCE up 0.1%. This reflected cautious consumer spending and a personal savings rate of 3.9%.

3月数据显示，每月PCE的降低小于0.1％，核心PCE上涨了0.1％。这反映了谨慎的消费者支出和个人储蓄率为3.9％。

The upcoming report will be critical, as the Fed closely monitors PCE for inflation trends.

即将发布的报告将是至关重要的，因为美联储密切监视通货膨胀趋势的PCE。

Stable or lower-than-expected PCE figures could support expectations of modest rate cuts, boosting crypto markets by weakening the dollar.

稳定或低于预期的PCE数字可以支持对降低税率降低的期望，从而通过削弱美元来提高加密货币市场。

However, a higher-than-expected reading could heighten inflation fears, strengthening the dollar and pressuring crypto prices.

但是，超过预期的阅读可能会加剧通货膨胀的担忧，加强美元和加密价格。

Crypto traders should remain vigilant, particularly for

加密交易者应保持警惕，特别是