Positive sentiments surrounding President Donald Trump’s Bitcoin reserve announcement have not significantly boosted its price, as the cryptocurrency struggles below the $90,000 mark. Investors seem hesitant, despite Trump’s advice to “never sell your Bitcoin.” Notably, upcoming economic indicators could influence market trends significantly this week.

Upcoming releases include:

• Consumer Price Index (CPI) on March 12, 2025, historically linked to Bitcoin’s price fluctuations.
• Producer Price Index (PPI) on March 13, 2025, which may impact perceptions of inflation.
• Job Openings and Labor Turnover Survey (JOLTS) on March 11, 2025, revealing insights about the labor market.
• Preliminary Customer Sentiment data on March 14, 2025, gauging economic confidence among consumers.

The combined release of these economic indicators may complicate the cryptocurrency landscape for investors. Indicators like CPI and PPI can sway the Federal Reserve’s monetary policies, potentially making the dollar stronger and applying downward pressure on Bitcoin prices if inflation levels are higher than expected.

Key Takeaways:

• Bitcoin struggles despite positive news about Trump’s Bitcoin reserve.
• Key economic indicators releasing this week may significantly impact Bitcoin’s price.
• Higher inflation data could lead to stricter monetary policies, further weakening Bitcoin.