The following is an overview of key events influencing the cryptocurrency market in January 2025:

Economic Data Release

On January 10, the employment data for December of the previous year will be released. This data is one of the important indicators reflecting the health of the U.S. economy and has significant implications for market expectations regarding interest rate cuts, which in turn affects the cryptocurrency market. If the employment data performs strongly, it may reduce market expectations for interest rate cuts, leading funds to flow into fixed-income assets and putting pressure on the cryptocurrency market; conversely, if the data is poor, expectations for interest rate cuts may increase, and funds may flow into the cryptocurrency market.

Trump's Inauguration

On January 20, Trump will hold his inauguration ceremony. During his campaign, he strongly supported cryptocurrencies and promised to make the U.S. a "cryptocurrency capital." He also plans to establish a Bitcoin strategic reserve and has selected several cryptocurrency supporters to join his cabinet. There are expectations that after taking office, he will introduce a series of industry-friendly policies for cryptocurrencies, such as loosening regulations, which will create a more favorable development environment for the cryptocurrency market and promote market growth.

Federal Reserve Monetary Policy Meeting

On January 31, the Federal Reserve's monetary policy meeting will be closely watched. Prediction platform Polymarket shows that there is a 91% probability that the Fed will pause interest rate cuts in January. If the Fed pauses interest rate cuts, it may keep the cost of market funds at a high level, affecting risk assets including cryptocurrencies. However, due to the uniqueness of the cryptocurrency market, its correlation with traditional financial markets is not absolute, and some investors may still remain optimistic about the long-term development of cryptocurrencies and choose to hold.

Listed Company Financial Reports

In January, several listed companies will release their fourth-quarter financial reports. The operating conditions and performance reflected in these reports will influence investors' judgments about the overall economic situation and market outlook, indirectly affecting their investment decisions in the cryptocurrency market. If the financial reports of listed companies are generally positive, indicating an optimistic economic situation, investors' risk appetite may increase, and some funds may flow into the cryptocurrency market; if the reports are poor, investors may reduce their allocation to risk assets, leading to outflows from the cryptocurrency market.