What are the key events that will shape the crypto markets?

As the year draws to a close, cryptocurrencies are experiencing particular volatility, particularly highlighted by Bitcoin's dramatic rise to six-figure prices. This milestone has fueled interest and anticipation for upcoming developments within the crypto sector. Market participants are eager to see what important events will take place in the last week of December.

Key developments to watch this week

This week promises important events that could have a major impact on the cryptocurrency market. Historical trends indicate that data releases, altcoin announcements, and other market activities play a critical role in price movements.

How do market events affect prices?

The timing of this week's developments carries added weight following the recent Bitcoin price drop. If good news appears regarding altcoins, it could strengthen prices by creating favorable sentiment in the market.

The following are the main events scheduled for the coming week:

• December 23: MRS Key Unlock ($38.4 million)
• December 24: US Durable Goods Orders (Expect: -0.2%)
• December 25: US Markets Holiday; ENA ($13.16 million); Delistings for BLZ, AKRO, WRX from Binance
• December 26: CBRT Interest Rate Decision (Expectation: 48.25%); US jobless claims (expect: 222K); ADA Dogs ($16.49 million)
• December 27: IMX Coin ($32.36 million)

Despite the lack of major economic developments, market participants are still focused on interest rate expectations for 2025. The expected data in the new year could affect these expectations, and as that affects the direction of Bitcoin.

• The rise of Bitcoin sparked renewed interest in cryptocurrencies.
• The upcoming altcoin solution and Binance listings could affect market sentiment.
• Expectations for interest rates in 2025 may affect trading behavior.

In general, while a quiet week is expected, unexpected comments or events could trigger a large movement in the market, including possible spikes in the price of Bitcoin.