Investor activity is on the rise, with spot Bitcoin exchange-traded funds seeing over $590 million in net inflows yesterday, contributing to over $3 billion in inflows over the past week.

Meanwhile, the Ethereum network is experiencing notable growth, with active unique addresses surpassing 15.4 million and total value locked across protocols nearing $60 billion.

Despite mixed performance in altcoins, investor interest in Bitcoin continues to grow, reflecting a push to elevate its price.

Bitcoin is currently trading just below $94,000 as investors await critical economic data and tech earnings that could influence market direction.

The upcoming ADP National Employment Report, set for release on April 30, is anticipated to show at least 160,000 new jobs, which is crucial for maintaining bullish sentiment in the crypto market.

While the U.S. economy is expected to show signs of slowdown, better-than-expected economic indicators could boost investor confidence and risk appetite, benefiting cryptocurrencies.

On the same day, the Core PCE Price Index will report a potential drop in inflation to 2.2%, which could improve sentiment for Bitcoin if inflation cools.

Additional key economic reports include the Consumer Confidence Index, which is expected to decline from March's 92.9 to a median forecast of 87.4, and the Job Openings and Labor Turnover Survey (JOLTS), which is due today.

The JOLTS report is expected to show a decrease in job openings from 7.6 million to a median forecast of 7.4 million, which could influence crypto market sentiment.

A rebound in job openings above 7.6 million would indicate economic resilience and could boost Bitcoin, while lower figures might heighten recession fears and drive demand for Bitcoin as a hedge.

The advance estimate for Q1 2025 GDP, also coming on April 30, will reveal economic growth, with strong results above 3% likely to increase Bitcoin investment.

The Non-Farm Payrolls report, scheduled for May 2, is critical for market sentiment, as a strong report could drive bullish momentum for Bitcoin.