Average Hourly Earnings (YoY) measures annual wage growth in the US. Faster wage gains point to potential inflation, which could drive Fed rate hike expectations and dampen risk appetite, negatively affecting bitcoin and crypto markets. Weaker data, by contrast, tends to support demand for risk assets.
Calendar Average Hourly Earnings (YoY)
Average Hourly Earnings (YoY)
History, bitcoin reaction and upcoming dates
How bitcoin, the S&P 500 and Nasdaq reacted
Percentage change from the start of the selected period.