Crypto Consolidation Continues: Key Economic Events Shaping This Week's Market

Source: CoinEdition Original Title: Crypto Continues to Consolidate: Here Are Key Events To Watch This Week Original Link: https://coinedition.com/crypto-continues-to-consolidate-here-are-key-events-to-watch-this-week/ The crypto market has been trapped in a consolidation pattern ahead of the final week of 2025. The traditional ‘Santa Claus Rally’ has faded as the Bitcoin (BTC) price got rejected at a crucial supply level around $90,426 again, leading to choppy markets in the wider crypto industry.

Key Events To Watch This Week for Crypto Market

On Monday, the National Association of Realtors announced that the pending home sales in November jumped 3.3% from the prior month and 2.6% year over year. Stronger pending home sales suggest improving economic activity. Because this boosts risk-taking behavior, it can reduce demand for the U.S. dollar, leading to short-term dollar weakness.

Following the release of the pending home sales on Monday, the U.S Dollar Index strengthened, thus leading to further crypto correction. The total crypto market cap slipped 1% in the past 24 hours to hover around $2.97 trillion at press time according to market data from CoinMarketCap.

On Tuesday, the Federal Reserve will release a detailed record of its recent FOMC meeting. The FOMC meeting minutes will provide the crypto market with in-depth insights into the economic and financial conditions that led to the recent rate cut to between 3.5% and 3.75%.

On Wednesday, December 31, the Department of Labor will release the jobless claims, which are expected to rise to 215k from the reported 214k last month. Although the initial claim is considered a lagging indicator, it influences the Fed’s monetary policy decisions, which in turn impact the crypto volatility.

On Thursday, the crypto trading activity is expected to slump as the U.S. markets will remain closed for the New Year holiday. Major global markets including Japan, New Zealand, Australia, Canada, and Europe will remain closed all day to mark the end of 2025 and the beginning of 2026.

However, crypto traders will closely monitor the Silver market on Thursday after China implements Silver export restrictions. The Silver price rally has overshadowed the crypto market, and investors anticipate that China’s restrictions will further impact the supply chain amid its rising global demand.

According to market data, Silver price surged over 30% in December to reach a peak of $79 before retracting to $72 at press time. Meanwhile, the total crypto market cap has failed to rally above a major psychological barrier of around $3 trillion in the past few weeks.

On Friday, January 2, 2026, S&P Global will release its monthly Purchasing Managers’ Index (PMI). The upcoming PMI data is a leading indicator of economic health and will give crypto investors insight into the market overview.