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Can Thursday’s CPI and Jobless Claims Spark a Crypto Recovery?

  • Bitcoin has dropped 12% since April 2 as tariffs continue to rattle markets, with stocks also suffering major losses and investors now looking to inflation and labor data for stability.
  • April 10 CPI and jobless claims will provide the latest snapshot of economic conditions before the impact of tariffs is reflected, offering clues on whether risk assets can find support.
  • If inflation eases and jobless claims stay steady, markets could stabilize, but any upside surprise in price pressures or labor weakness could trigger another wave of selling in crypto and stocks.
  • With Bitcoin already down 12% since April 2, traders are watching for signs of stabilization. If inflation continues to ease and jobless claims don’t spike further, risk assets could find a much-needed relief from volatility later in the week.

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