This week ends with notable movements in the crypto market in general. The good news was led by Bitcoin, while altcoins also showed enormous potential. The latter case is so notable that the market even entered an altcoin season, according to the Blockchain Center index.

Much of this momentum stems from expectations of the Donald Trump administration in the United States. Similarly, economic and macroeconomic data from the main global markets also had their share of influence. These include some optimistic statements from Federal Reserve officials.

In this article, as usual, we present you the most important data of this week that could cause movements in the crypto world. This week, important announcements are expected in the main economies of the world and some figures could be considered of great interest by investment capital, both in traditional finance and in cryptocurrencies.

It is important to note that next week (December 16-20) the last meeting of the year of the Federal Open Market Committee (FOMC) will take place. A new rate cut will be implemented at the meeting as part of the FED's easing monetary policy. Markets, including crypto, seem to be most interested in this event.

Economic data that could affect the crypto market

As already mentioned, in this work we list the economic data that could have an impact on cryptocurrency prices. In this sense, other data that, while important for markets such as Forex, commodities and others, are left aside due to their relative irrelevance for digital currencies. Below, we present the economic agenda with the greatest possibilities of generating changes in the crypto sector:

Monday:

Eurogroup meeting.

US wholesale ending inventories for November.

China's trade balance in November.

Tuesday:

US Nonfarm Labor Productivity Quarterly Data

Month-by-month CPI inflation in Germany.

Wednesday:

US CPI inflation month-over-month and year-over-year.

U.S. Federal Budget Balance

Thursday

Monetary policy statement of the European Central Bank.

US Producer Price Inflation (PPI)

US weekly jobless claims

Friday:

Trade balance in Germany.

UK GDP data.

Various data on trade and services in the United Kingdom.

Industrial production month by month in the European Union.