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Home ยป Anticipated Key Developments Await Crypto Markets This Week
Cryptocurrency

Anticipated Key Developments Await Crypto Markets This Week

By adminDec. 22, 2024No Comments2 Mins Read
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Anticipated Key Developments Await Crypto Markets This Week
Anticipated Key Developments Await Crypto Markets This Week
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As December draws to a close, cryptocurrencies have had an eventful last quarter of the year. In particular, Bitcoin reaching a historic milestone of six-figure prices has raised hopes for future trends. As the year ends, what significant developments are of interest to crypto market participants? This article highlights the important developments of the week.

Important Developments in Cryptocurrencies This Week

As is the case every week, we will now examine the important developments that will have an impact on crypto market participants in the next seven days. Historical data, upcoming announcements specific to altcoins, and other factors have historically had a significant impact on prices.

It is important to note the timing of significant developments this week, especially after the recent sharp decline of BTC. Positive news regarding altcoins could have a more significant impact on prices if the overall market turns around.

December 23, Monday

MRS Key Unlock ($38.4 Million)

December 24, Tuesday

16:30 US Durable Goods Orders (Expectation: -0.2% Previous: 0.3%)

December 25, Wednesday

US Markets Holiday
ENA ($13.16 Million)
BLZ, AKRO, WRX to be Delisted from Binance

December 26, Thursday

14:00 CBRT Interest Rate Decision (Expectation: 48.25% Previous: 50%)
16:30 US Jobless Claims (Expectation: 222K Previous: 220K)
ADACoin ($16.49 Million)

December 27, Friday

IMX Coin ($32.36 Million)

Expectations in Cryptocurrencies

There are no significant developments on the macroeconomic front, and as we enter the holiday season, it is expected that this situation will continue until the end of the year. Below, you can see the market’s interest rate expectations for 2025 (from meeting to meeting). If the upcoming data in the new year changes this outlook, we will see its effects on the BTC chart.

While altcoin unlockings are not significant, the delisting actions from Binance have already been factored in by relevant altcoins, indicating a potential new drop. Overall, we may experience a calm week; however, events such as Trump suddenly mentioning Bitcoin could trigger parabolic rises.

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