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COINTURK NEWS > Cryptocurrency News > Crypto Markets Anticipate Key Developments This Week
Cryptocurrency News

Crypto Markets Anticipate Key Developments This Week

In Brief

  • Bitcoin's recent price achievements boost market participant hopes.

  • Expected developments this week may significantly influence altcoin prices.

  • Macro conditions remain stable as the holiday season approaches.

Ömer Ergin
Ömer Ergin 2 years ago
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As December comes to a close, cryptocurrencies have experienced exciting days in the last quarter of the year. Particularly, Bitcoin $63,377 reaching a historic milestone of six-figure prices has increased hopes for upcoming trends. As the year ends, what significant developments interest crypto market participants? This article highlights the week’s crucial developments.

Contents
Important Developments in Cryptocurrencies This WeekDecember 23, MondayDecember 24, TuesdayDecember 25, WednesdayDecember 26, ThursdayDecember 27, FridayExpectations in Cryptocurrencies

Important Developments in Cryptocurrencies This Week

As with every week, today we will examine important developments that will affect crypto market participants over the next seven days. The announced data, upcoming announcements specific to altcoins, and other factors have historically impacted prices significantly.

It is essential to note this week’s timing for significant developments, especially after BTC’s recent sharp decline. Positive news regarding altcoins could have a more substantial 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)
  • ADA Coin ($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, this situation is expected to continue until the year ends. Below, you can see the market’s interest rate expectations for 2025 (from meeting to meeting). If the upcoming data in the new year alters this outlook, we will see reflections on the BTC chart.

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

You can follow our news on X, Telegram, Facebook & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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Ömer Ergin 22 December, 2024 - 10:14 am 22 December, 2024 - 10:14 am
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