Top Cryptocurrency Market Events to Watch This Week: A Mega Bullish Run Coming?
Published On : January 7, 2026
The cryptocurrency market opened the week with a robust 1.7% gain on Monday, reaching a total value of $3.12 trillion. Over the past week, the cryptocurrency market has recorded a 5% increase, indicating continued optimism among investors. Bitcoin (BTC) has traded above the $91,000 level, while Ethereum (ETH) has stabilized above $3,000. Altcoins such as XRP (XRP), Solana (SOL), and Dogecoin (DOGE) also showed positive growth.
In this article, we will explore the crypto market events to watch this week, including economic data, geopolitical conditions, and macroeconomic signs.
PMI Index Report to Set the Stage for the Market on Monday
The Purchasing Managers Index (PMI) of both manufacturing and services was published on Monday. The report aims to see whether the manufacturing and service sectors are technically expanding in key regions, recording above 50.0.
If the PMI shows positive results, it could strengthen the crypto market, as investors will be willing to take risks. The performance of crypto assets is associated with economic conditions. As of January 7, 2026, PMI for December 2024 reveals a general cooling of global economic activity.
FOMC Meeting to Determine the Next Plan on Tuesday
On January 6, 2025, Tuesday, investor attention will be on the Federal Reserve, which will hold a Federal Open Market Committee (FOMC) meeting to discuss monetary policies. Any changes could significantly impact the cryptocurrency market, mainly through changes in interest rates and overall market liquidity.
The market expects the Fed to hold rates steady at the late January meeting. They also anticipate future cuts in interest rates by March or April 2026.
Jolts Job Openings and Balance Sheet Update on Wednesday
The Jolts Job Openings data for November 2025 will be released on January 7, 2026. The data will provide insights into key indicators of labor market health. A higher number of job openings is a sign of good hiring and labor market conditions. The Federal Reserve (Fed) uses these indicators to make monetary policy.
The Federal Reserve’s balance sheet reduction could tighten market liquidity, potentially affecting cryptocurrency price movements.
Jobless Claims to Influence Interest Rates on Thursday
On Thursday, weekly data on Initial Jobless Claims will be released. It is considered the leading indicator for the Federal Reserve’s move on the federal funds rate.
If there is an increase, it would mean pressure in the labor market. The Fed might cut interest rates or keep them according to the number of claims. Macro indicators drive crypto prices, and could be particularly useful for traders using systematic or policy-oriented frameworks.
US Unemployment Report Publishing on Friday
On Friday, January 9, the Bureau of Labor Statistics (BLS) will release the unemployment report for December. Previously, it was delayed due to the government shutdown. The report will provide data about the number of job creations, the unemployment rate, and wage growth. If the signs are negative, it could prompt the Fed to cut interest rates, which could trigger more investment in cryptocurrencies.
Geopolitical instability in Venezuela could set off a crypto rally
The United States military operation in Venezuela and the arrest of President Nicolás Maduro over the weekend. President Trump stated that the US will be in charge of the power transition. He also added that he will restore the oil infrastructure in the country. It has created uncertainty in international markets, and investors are looking forward to investing in alternative assets, such as cryptocurrencies.
Final Thoughts
Key macroeconomic indicators, including the JOLTS report and FOMC outlook, are expected to impact crypto price action this week. Additionally, geopolitical conditions could also shift investor attention to the crypto market. Since the beginning of 2026, the crypto market started on a positive note. Investors are looking forward to whether the Fed interest cuts, which could drive up the market.
