This week, some key openings, especially for altcoins, could lead to declines. US markets will be closed for 1.5 days, which could weaken ETF volume. Bitcoin is trading at $96,700 and approaching the end of December, while cryptocurrencies have seen exciting developments in the last quarter of this year. In particular, Bitcoin’s rise to six-figure prices, reaching a historic high of $96,578.7, has reinforced investors’ expectations for the upcoming period. So, what developments await investors as we approach the end of the year?
As every week, we will examine the important developments that will affect cryptocurrency investors in the next 7 days. We have all observed how economic data to be announced, announcements regarding altcoins and more have affected prices in the past. In order to be prepared for volatility, it is very important to follow these important developments that will take place on certain days and hours. Especially after the sharp decline experienced by Bitcoin recently, it can be expected that positive news regarding altcoins will have a greater impact on prices.
Monday, December 23
MRS Unlock ($38.4M)
Tuesday, December 24
16:30 US Durable Goods Orders (Expected: -0.2%, Previous: 0.3%)
Wednesday, December 25
US Markets Holiday
ENA ($13.16 Million)
BLZ, AKRO, WRX Delisted by Binance
Thursday, December 26
14:00 CBRT Interest Rate Decision (Expectation: 48.25%, Previous: 50%)
16:30 US Jobless Claims (Expected: 222K, Previous: 220K)
ADA Coin ($16.49 Million)
Friday, December 27
IMX Coin (32,36 Milyon $)
Expectations in the Cryptocurrency Market
No significant developments are expected from a macroeconomic perspective, and the situation is likely to continue like this until the end of the year, including the holiday period. Below, you can see how interest expectations for 2025 will be shaped on a meeting basis. The data to be announced with the new year may change these expectations, and this change may be reflected in the Bitcoin chart in a positive or negative way.
While the unlocks of altcoins do not seem to have huge effects, Binance’s decisions to delist some altcoins could lead to a new drop in prices. We may have a generally calm week, but unexpected developments may also occur. For example, events such as Trump making a sudden statement about Bitcoin, Jerome Powell criticizing Bitcoin, or an announcement that a Bitcoin reserve will be established through the Treasury Department could cause parabolic increases in the markets.