Tonight, the cryptocurrency market will welcome three key data points. The specifics are as follows:

21:15 US December ADP Employment Data

Referred to as "Little Non-Farm", it is a preliminary forecast of the non-farm employment population in the US, sponsored by ADP and maintained by Macroeconomic Advisers, collected from about 500,000 anonymous US companies, reflecting the employment situation in the US.

Good data indicates a strong employment situation, stable public income, strong purchasing power, economic improvement, which may prompt the Federal Reserve to consider raising interest rates, posing certain bearish risks to the cryptocurrency market; conversely, poor data may lead the Federal Reserve to consider lowering interest rates, which could be bullish for the cryptocurrency market.

21:30 US Initial Jobless Claims

Statistically compiled by the US Department of Labor, it is one of the indicators reflecting the domestic labor market conditions in the US, counting the number of first-time applicants for unemployment benefits.

An increase in the number of applicants indicates a sluggish job market, poor economic conditions, and a suppression of consumer confidence, which is unfavorable for the US dollar and might be beneficial for the cryptocurrency market to some extent; conversely, a decrease in the number of applicants signifies an improvement in the job market, favorable for the US dollar, which may put pressure on the cryptocurrency market.

23:30 US EIA Crude Oil Inventory

Compiled and published by the US Energy Information Administration, excluding strategic petroleum reserves, it primarily shows the amount of crude oil inventories in the US for the week.

A significant increase in inventory indicates that the US government acknowledges the current oil prices, will increase strategic reserves, intensifying supply-demand conflicts, leading to rising oil prices, which may drive up related energy cryptocurrencies; conversely, a significant decrease in inventory suggests that the US government denies the current oil prices, will reduce strategic reserves, alleviating supply-demand conflicts, leading to falling oil prices, which could have certain bearish effects on energy cryptocurrencies. Additionally, EIA crude oil inventory data will also affect the oil market, foreign exchange market, and precious metals market, indirectly impacting the cryptocurrency market.