As 2026 draws closer, the crypto market is showing early signs of recovery after enduring a week-long downturn. Over the past 24 hours, the global crypto market capitalization increased by 0.67%, bringing the total valuation to approximately $2.97 trillion. This modest rebound has renewed cautious optimism among investors, even as many major assets remain below key resistance levels.
Bitcoin continues to trade above the critical $87,000 support zone, reinforcing its role as the market’s primary stability anchor. However, bulls are watching closely to see whether BTC can reclaim the $90,000 level, which would confirm stronger bullish momentum. Ethereum is still trading under the psychologically important $3,000 mark, but improving price action suggests a potential recovery if macro conditions turn favorable. XRP has found support around $1.85 after failing to break above $2, while Solana remains resilient above $120. Meanwhile, altcoins such as Dogecoin, Cardano, and Binance Coin have yet to stage meaningful rebounds, reflecting cautious sentiment across the broader market.
This final week of the year is packed with macroeconomic events that could influence crypto prices. Investors are closely monitoring upcoming U.S. economic data, starting with a key annual macroeconomic report that may offer insights into inflation trends, GDP growth, and broader financial conditions. The release of the Federal Open Market Committee meeting minutes is also expected to shape market expectations around interest rate policy ahead of the Fed’s next meeting in January.
Labor market indicators, including weekly jobless claims, will be another focal point, as employment data plays a significant role in shaping Federal Reserve decisions. Housing-related data, such as pending home sales and home price indices, may further influence overall market sentiment, indirectly affecting risk assets like cryptocurrencies. Additionally, the U.S. money supply report will be closely watched, as liquidity trends often correlate with crypto price movements and investor demand for digital assets as an inflation hedge.
After a volatile 2025 marked by ETF approvals and rising institutional participation, analysts expect 2026 to bring continued volatility. With Bitcoin, Ethereum, and major altcoins still in a recovery phase, this week’s macroeconomic developments could determine whether the crypto market builds momentum or remains range-bound heading into the new year.
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