This is an important week of economic data, with the Friday jobs report especially in focus. Economists polled by the Wall Street Journal expect the U.S. to have added 161,000 new jobs in August, up from 114,000 in July, and expect the U.S. unemployment rate to fall to 4.2%, from 4.3% in the previous month.

Such data is important to watch, as it could determine the short-term direction of bitcoin’s price (#BTCUSD).