Economic calendar for crypto: which data moves the price
Bitcoin doesn’t move only because of what happens in crypto. Some US economic data, like inflation or jobs, moves it within minutes. CryptoBruj recommends watching only the most important releases, and in this short video he explains why the producer price index warns about inflation before anything else. Here you have which ones to watch and what to do on the day they come out.
Look at the high-impact ones firstmin 0:00
An economic calendar lists dozens of releases a week. CryptoBruj recommends filtering it and keeping only the three-star ones, the ones that really move the market. In our calendar they’re the high-impact ones, and they’re the ones shown by default.
The data that moves crypto the most
| Release | What it measures |
|---|---|
| Fed rate decision | The price of money in the United States. It carries the most weight. |
| CPI (inflation) | How much the prices consumers pay rise, every month. |
| Core CPI | The same inflation without energy and food, which swing up and down a lot. |
| Nonfarm payrolls | How many jobs were created the previous month. |
| Unemployment rate | What share of people looking for work can’t find it. |
| Core PCE | The inflation measure the Fed watches most when deciding on rates. |
| GDP | How much the economy is growing. |
| Retail sales | How much consumers are spending. |
They all matter for the same reason: they change what the market expects from interest rates. High inflation or strong jobs usually mean high rates for longer, and that tends to weigh on bitcoin. Falling inflation or a cooling job market, the opposite. The calendar also includes the European Central Bank’s rate decision and the monthly BTC and ETH options expiry.
The PPI, the first warning of inflationmin 0:32
The producer price index (PPI) measures producers’ inflation, not yours. CryptoBruj explains it with a bottle of water:
If making the bottle cost me 50 cents and now it costs me 90, I no longer sell it for €1: I sell it for €1.20.
What costs the producer more today, the consumer will pay before long. That’s why a rising PPI is the first warning that the CPI may rise in the following months. In our calendar it appears as “PPI (MoM)”, with medium impact: you see it with your account activated, when you add medium-impact data.
On the day of a release
- Check the time. US data usually comes out at 8:30 a.m. New York time, and the Fed decides at 2:00 p.m. The calendar shows them in your time.
- Check what you have open. In the minutes around it, the price can jump in both directions and go past your stop. Make sure your size can take that jump.
- Don’t open right before. If you have no position, waiting for the data to come out costs little and keeps you from entering on a wick.
- What moves the price is the surprise. A figure that comes in as expected moves it little; one far from the forecast moves it a lot.
If you trade with leverage, this matters even more: see where your liquidation sits in the guide to leverage and liquidation.
Check it this week
In the economic calendar you have the week’s high-impact data, with the time in your zone, and you can save each release to your calendar with a reminder beforehand. Together with the Fear & Greed Index, it gives you the context before you open a trade.
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Educational content. This is not financial advice or an investment recommendation. Trading with leverage can make you lose all the capital you put in.