1. US ISM Services PMI: A Real-Time Health Check

Tuesday, August 5, 2025, at 10:00 AM ET: The week begins with the final ISM Services Purchasing Managers’ Index (PMI) for July. The prior reading came in at 50.8, signaling slight expansion in America’s crucial services sector. Analysts are now expecting a further improvement to 51.5. If the number beats expectations, it could lift risk assets including stocks and crypto; a miss or negative surprise may fuel renewed selling, as investors weigh economic headwinds. As recent months have shown, big surprises—positive or negative—can spark sharp market moves.

2. Weekly Jobless Claims: Labor Market Pulse

Thursday, August 7, 2025, at 8:30 AM ET: All eyes will be on the latest weekly US unemployment claims. Last week’s number came in at 218,000—better than forecasts for the fifth month in a row, confirming strong labor demand. This week, economists expect 221,000 new claims. A meaningful jump could be an early warning sign for the US job market and signal the impact of trade tensions or slowing growth. Another solid reading would reaffirm economic resilience and might boost risk sentiment across assets, including Bitcoin.

3. China’s Consumer and Producer Inflation: Global Ripple Effects

Saturday, August 9, 2025, at 3:30 AM China Standard Time (Friday, August 8, 2025, at 3:30 PM ET): China releases its latest CPI and PPI numbers for July. Economists forecast a -0.1% monthly drop in consumer prices, cementing the deflationary trend. Persistent weakness could prompt further stimulus from the People’s Bank of China, with potential knock-on effects for global risk assets. Producer prices are also set to decline, with analysts expecting a -3.2% drop year-over-year. Deflation in China’s manufacturing sector affects global supply chains and may further dampen inflation in the US and Europe—a potentially bullish development for Western financial markets and crypto assets.

4. Earnings: Key Reports from Crypto-Linked and Tech Firms

US earnings season remains a major market driver. This week, look for numbers from Palantir (Monday after the bell), Galaxy Digital and AMD (Tuesday pre- and post-market), Shopify and Uber (Wednesday midday), and later in the week, Bitcoin miners Cipher Mining and Hut 8 as well as Block Inc. Fresh results will shape risk appetite and sentiment for crypto-exposed equities and the broader digital asset industry.

Market Outlook: High Volatility, Real Opportunity

With Bitcoin and leading altcoins trading in lockstep with every macro headline and earnings surprise, this week’s events could set the tone for August. Expect choppy trading and rapid moves—especially if key data prints well above or below expectations. For traders and long-term investors alike, staying on top of the economic calendar is crucial in this market.