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This week, all eyes are on Bitcoin (BTC) as crypto market participants anticipate key US economic indicators. President Trump’s economic policies, in particular, have made Bitcoin and crypto markets susceptible to macroeconomic data and associated woes. As the pioneer crypto holds above $100,000, its upward potential hinges on the following US economic data. US Economic Data To Watch This Week The following US economic indicators will interest crypto traders and investors this week. US Economic Indicators This Week. Source: Trading Economics CPI “We are starting with a no-news Monday followed by CPI on Tuesday, which is the main focus for the week.” This is the general sentiment among crypto market participants watching this week’s US economic calendar. Perhaps the most critical US economic indicator for Bitcoin and crypto traders is April’s US CPI (Consumer Price Index), due on Tuesday. After China’s CPI inflation came in at 0.1% MoM (Month-over-Month) in April versus March’s 0.4% decline, coupled with the country’s capital injection, all eyes are on the US CPI this week. The April CPI comes after the FOMC meeting and Fed chair Jerome Powell’s remarks last week. As was widely expected, the Fed’s move to steady interest rates turned attention to the bank’s accompanying statement and Fed Chair Powell’s press conference. According to Powell, uncertainty about the economic outlook has increased further, making Tuesday’s CPI inflation data a key indicator. Notably, the Fed is concerned over the US’s trade policies, with Powell implying that the Fed may be prepared to remain on hold for a prolonged period. “CPI is one of the main indicators for the Fed, and this release could show whether tariffs are pushing inflation higher,” a user noted on X (Twitter). However, amid the trade chaos, some say US CPI could remain over 3% for most of the rest…