4 US Economic Events to Influence Bitcoin, Gold, and Silver Prices This Week
This week, investors in Bitcoin, gold, and silver are closely monitoring key US economic signals that could sway market sentiment and asset prices.
With Bitcoin hovering around $88,000, gold nearing $5,000 per ounce, and silver surpassing $100 per ounce amid ongoing safe-haven demand, these events carry significant implications.
4 US Economic Data Posts to Influence Investor Sentiment This WeekThe Federal Reserve’s stance on interest rates remains pivotal. Lower rates typically boost risk assets like Bitcoin while reducing the opportunity cost of holding non-yielding assets like gold and silver.
Conversely, signs of economic strength or persistent inflation could pressure these assets by supporting higher rates.
Earnings from tech giants may also influence broader risk appetite, potentially spilling over into crypto and precious metals markets.
This week has a lot stacked into it.
• Fed decision and presser on Wednesday
• $MSFT, $META, $TSLA earnings the same day
• $AAPL on Thursday
• Jobless claims Thursday
• December PPI Friday
• Government shutdown deadline Friday
Most of the reaction probably comes in the… pic.twitter.com/HECw2EyDyl
As global uncertainties persist and amid possible US government shutdown, the following indicators will shape short-term trajectories for these alternative investments.
US Economic Events to Watch This Week. Source: Trading Economics
Fed Interest Rate Decision (FOMC) and Powell Press Conference
The Federal Open Market Committee’s (FOMC) interest rate decision on January 28, 2026, followed by Chair Jerome Powell’s press conference, is poised to be a major catalyst for Bitcoin, gold, and silver prices.
Current expectations overwhelmingly point to the Fed holding the federal funds rate steady at 3.50%-3.75%. All 100 economists in a recent Reuters poll anticipate no change, citing strong economic growth.
Against this backdrop, markets assign a 97.2% probability to this pause, as recent rate cuts in late 2025 have stabilized conditions.
Fed Interest Rate Cut Probabilities. Source: CME FedWatch Tool
JPMorgan forecasts the Fed will remain on hold through 2026, potentially hiking in 2027 if inflation reaccelerates.
For Bitcoin, a dovish pause, signaling future cuts, could fuel upside, as lower rates enhance risk appetite and liquidity. Historically, this has boosted crypto during easing cycles.
However, hawkish rhetoric from Powell on persistent inflation might trigger sell-offs, given Bitcoin’s sensitivity to monetary tightening.
“The market has fully priced in no rate cut… Why is this? – Low inflation – Better than expected GDP – Job numbers just mediocre. Pay attention to Powell’s speech and the guidance moving into 2026 instead,” commented analyst Mister Crypto.
Gold and silver, often viewed as inflation hedges, typically rise when rates fall, as reduced opportunity costs reduce their opportunity costs. A hold could stabilize them near records, but confirmation of no cuts might cap gains.
With gold up over 18% year-to-date to around $5,096 and silver surging 53% to $108, any hint of prolonged higher rates could pressure these metals by strengthening the dollar.
Bitcoin (BTC), Gold (XAU), and Silver (XAG) Price Performances. Source: TradingView
Powell’s comments on housing or growth will be scrutinized, as they could amplify volatility across these assets amid market-wide geopolitical tensions.
Initial Jobless ClaimsThursday’s release of initial jobless claims for the week ending January 24, 2026, will provide fresh insights into the health of the US labor market. This could directly influence sentiment around Bitcoin, gold, and silver.
Forecasts vary: RBC Economics predicts 195,000 claims, below the prior week’s 200,000, while market bets on platforms like Kalshi center on 210,000 or higher.