This week, three key U.S. economic data releases could impact crypto markets, including Bitcoin, which is up nearly 7% over the past week. First, **US retail sales** data on Tuesday will offer insight into consumer spending, a major economic driver. Strong sales could boost confidence in riskier assets like cryptocurrencies. Second, the **FOMC interest rate decision** on Wednesday is expected to bring a rate cut, with a 25 basis points (bps) cut likely, though a 50 bps cut could cause market volatility. Finally, **US unemployment claims** data on Thursday will provide an update on the labor market. A rise in jobless claims could signal economic weakness, potentially pushing investors toward alternative assets like crypto. Source: Beincrypto