This week, cryptocurrency markets are closely watching key US economic events, including the Federal Reserve's upcoming interest rate decision and PCE inflation data, which are expected to significantly influence Bitcoin, Ethereum, and Solana.

The Federal Reserve's meeting on September 17, 2025, is particularly critical, with expectations that rates may stay unchanged, but the tone of the Fed's communication could sway market sentiment.

These macroeconomic factors, such as potential rate cuts or hikes, will impact liquidity and risk appetite, with high inflation figures raising fears of further monetary tightening.

US initial jobless claims, reported earlier in the week, are another important indicator; a sharp increase could cause risk aversion and a temporary dip in Bitcoin, with potential rebounds as investors seek safe havens.

Solana demonstrated resilience with a 19% surge to $249, supported by institutional investments such as Galaxy Digital's $1.19 billion purchase and expanding DeFi and NFT ecosystems.

Solana's support levels between $239 and $233 indicate strength despite short-term volatility, while Bitcoin's support levels at $114,600 and between $112,500-$113,500 are crucial for maintaining its bullish trend.

Overall, traders are monitoring these economic indicators closely, as they shape market sentiment and influence Bitcoin's price movements, with signals about inflation, liquidity, and monetary policy being particularly impactful.

Cryptocurrency prices are also correlated with traditional markets like the S&P 500; positive signals could push Bitcoin toward $120,000, Ethereum beyond $5,000, and Solana to $269 by the end of the month.

Retail sales data, which influence Treasury yields and dollar strength, will be a key indicator; strong sales might lead to crypto sell-offs, while weak data could boost risk assets.

Despite macroeconomic uncertainties, Bitcoin has gained nearly 4% last week, closing around $116,000, reflecting investor confidence and resilience.

Ethereum outperformed with a 7% rise, driven by growing adoption of decentralized applications and expectations for upcoming network upgrades like Ethereum 2.5.