According to Compounding Quality (@QCompounding), business cycles represent the natural fluctuations in the economy, characterized by alternating periods of growth (expansion) and decline (recession) (Source: Twitter, June 9, 2025). For cryptocurrency traders, understanding these cycles is essential as economic expansions often lead to increased liquidity, higher risk appetite, and upward momentum in crypto prices, while recessions tend to trigger risk-off sentiment, reduced trading volumes, and potential sell-offs across digital assets. Monitoring macroeconomic indicators linked to business cycles can help traders anticipate market volatility and adjust strategies for Bitcoin, Ethereum, and altcoins.

According to Crypto Rover, private US companies added 155,000 jobs in March, exceeding expectations. This job growth signals a strengthening US economy, which could be bullish for Bitcoin as investors may seek alternative assets during economic expansion. The increase in employment is seen as a positive indicator for market confidence, potentially driving more investment into cryptocurrency markets.

According to @KobeissiLetter, US consumer spending on healthcare services and government expenditures together accounted for more than 50% of the GDP growth in the third quarter of 2024. Specifically, consumer spending on healthcare alone contributed 25% to the GDP growth, while government spending added 28%. This significant allocation towards healthcare and government services highlights key sectors influencing economic expansion, which traders should consider when evaluating market movements.