This Week: Three Cryptos to Watch as Major Market Data Arrives

This week is critical for all investors in Bitcoin, Ethereum, and XRP. It’s not just a simple trading week—it’s a period where Federal Reserve decisions and economic reports from the United States can change the entire crypto market direction.

In the long term, we have seen how digital assets respond to economic signals. No hype or wishful thinking works here. Traders are listening to actual data: unemployment figures, inflation indicators, and what Federal Reserve officials are saying about future interest rates.

Where Are the Three Assets Now?

Bitcoin is currently showing strength at $90.69K, but the 7-day movement indicates a decline of 2.29%. It is still far from the all-time high of $126.08K achieved last year.

Ethereum is more stable at the moment, trading at $3.11K with a 7-day decrease of 1.78%. The gap to the ATH of $4.95K remains significant.

XRP is positioned at $2.05 with a 7-day drop of 3.47%, while its historical peak is at $3.65. All three assets are showing short-term weakness, but this presents an opportunity for strategic investors to watch for inbound catalysts.

Daily Breakdown: What to Watch For?

Monday, January 5: Manufacturing Data Will Change the Tone

The week begins with the ISM Manufacturing report. This metric provides an early pulse on how strong or weak the US industrial base is. A strong reading could support risk appetite, which benefits crypto holdings. Conversely, weak data could trigger flight-to-safety dynamics.

Tuesday, January 6: Services Sector and Fed Commentary

The ISM Services is more crucial in this economic cycle because most of US economic growth comes from here. Also included are remarks from Federal Reserve official Tom Barkin, which will give clues about the monetary policy trajectory.

Wednesday, January 7: The Pivotal Day of the Week

This is the heart of the trading week. The ADP employment report and job openings data will be released. At the same time, Fed Vice Chair Michelle Bowman will speak about regulation, liquidity dynamics, and overall economic assessment. Her perspective often becomes a market-moving factor. Many market participants see Wednesday as a dress rehearsal before Friday’s big-ticket event.

Thursday, January 8: Jobless Claims and Credit Flow

Data on unemployment benefits and consumer credit expansion will be released. While not as volatile as others, rising jobless claims could signal deterioration in the labor market.

Friday, January 9: Non-Farm Payrolls – The Finale

The ultimate market-moving catalyst: Non-Farm Payrolls, unemployment rate, and wage growth. Strong employment data could delay rate cuts and put pressure on crypto. Weak jobs reports could spark a new rally due to expectations of looser monetary policy.

Market Sentiment and Technicals: Bullish But Cautious

Overall, market participants see these three coins as being in recovery mode. Technical indicators show improving momentum, even though selling pressure is waning. Bulls are still in control, but this control is conditional on what incoming economic data will deliver.

This week is not just about short-term price swings over a day or two. The results of economic releases can set the tone for the entire second half of January and beyond. For crypto investors, the key is to stay informed and prepared for different market scenarios.