This week, key US economic data could shape market sentiment & crypto trends. Keep an eye on reports like S&P PMI, JOLTs job openings, ADP Employment & Unemployment Rate. Here’s what to expect:

📊 S&P Global Services PMI tracks sales, employment & prices across sectors. A higher-than-expected PMI (58.5 in Dec) could signal economic strength, tightening monetary policies & potentially impacting crypto prices.

💼 JOLTs Job Openings measures labor market demand. A drop in job openings signals economic cooling. A decrease to 7.69M expected this month could reduce the risk of interest rate hikes, benefiting crypto.

🏢 ADP Employment Change tracks private employment. Following a decline to 146K in Oct, the expectation for this month is 140K-143K. Lower employment growth could ease Fed policies & favor crypto as a hedge against traditional risks.

📉 Unemployment Rate: A stable or slightly higher rate (expected at 4.3%) suggests a slowing economy, leading to fewer rate hikes. This could make crypto more attractive as a risk-on asset. Stay tuned! #BTC $BTC $SOL $XRP