As we close out a week where Bitcoin hovered around the $100,000 mark, largely maintaining a calm and steady performance, the altcoin market experienced quite a different scenario. Many altcoins saw double-digit increases, with XRP stealing the spotlight after concluding the week with a staggering 43% increase.
While Bitcoin’s stability was the story of this past week, the upcoming week holds potential for significant movement in the market due to a series of economic developments and altcoin events. We have prepared a comprehensive token unlock calendar specifically for our readers at Bitcoinsistemi.com, to keep you abreast of these events.
(All times are stated in UTC+3 Turkey time)
On Monday, December 2, Meteora will announce details of its token creation event (MET), and MoveDrop (MOVE) faces a crucial deadline.
Tuesday, December 3, will see the distribution of SZN airdrop (XAI), the Asgard update (CHR), and the Namada airdrop (NAM). In addition, the Safe developers (SAFE) are set to make an announcement. SEC Chairman Gary Gensler will participate in a live broadcast program at 11:00 PM.
On Wednesday, December 4, the House of Representatives Finance Session will begin at 18:00. This will be followed by US – ADP Nonfarm Payrolls Change data release at 16:15 (Expected: 166k, Previous: 233k). FED Chairman Jerome Powell is scheduled to speak at 21:45, and the FED’s Beige Book document will be published at 22:00.
Thursday, December 5, will see the launch of FILM token (GALA), organized by The Block. FLOKI and TOKEN – MONKY will be launched and airdropped. ZRC will have a significant product drop, while the Universal Wallet Phase1 event (LTO) will kick-off. US Initial Jobless Claims data will be released at 16:30 (Expected: 215k, Previous: 213k), and SEC Chairman Gary Gensler will speak again at 18:00.
Finally, on Friday, December 6, we have the US Unemployment Rate Data at 16:30 (Expected: 4.2%, Previous: 0.4%), US Average Hourly Earnings (Monthly) (November) at 16:30 (Expected: 0.3%, Previous: 0.4%), and US Nonfarm Payrolls (November) at 16:30 (Expected: 202k, Previous: 12k).
This calendar is intended to provide an overview of the week’s events and expected data releases that could potentially impact the cryptocurrency market. Please note that this is not investment advice, and all market participants should conduct their own research before making any investment decisions.
