The cryptocurrency markets regained the significant $3 trillion market capitalization mark over the weekend, marking the first time in recent weeks without a late Sunday price drop. As the year-end holidays approach, trading activity is expected to remain subdued, limiting potential volatility despite several important economic reports scheduled for release. n nLast week’s softer-than-expected US Consumer Price Index (CPI) reading revived optimism around a potential year-end rally, commonly referred to as the Santa rally, although broader market reactions have been muted. n nFrom December 22 to 26, investors will monitor key indicators including October’s Personal Consumption Expenditures (PCE) data, released on Monday. This metric, closely watched by the Federal Reserve alongside CPI, reflects inflation trends and actual consumer spending behavior. n nOn Tuesday, the third-quarter GDP figures are set to be published, offering insight into the pace of economic expansion during that period. Analysts forecast growth between 3% and 3.5%, slightly lower than the 3.8% recorded in Q2. Also on Tuesday, new home sales numbers will be released, followed by durable goods orders data on Wednesday. n nMeanwhile, traditional financial markets will be closed on Thursday in observance of Christmas, reducing overall trading volume and potentially amplifying minor price movements in digital assets. n nAt the time of writing, the total crypto market cap stood at $3.08 trillion, showing little change during Monday’s Asian trading session. This places the sector roughly where it was a week prior, having recovered from a recent dip to a multi-month low. Bitcoin surpassed $88,000 over the weekend and briefly touched $89,000 on Sunday, currently trading around $88,500, with price action remaining range-bound for about a month. Ether has retested the $3,000 level but has not sustained movement above it. Among altcoins, Tron, Monero, and Hyperliquid posted modest gains, while Bitcoin Cash and Leo saw slight declines. n nVinod Nair, Head of Research at Geojit Investments, noted that forward-looking guidance from central banks regarding policy direction in 2026 will remain a critical influence on market sentiment going forward. n
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These 2 Economic Reports May Impact Crypto Markets This Week
Crypto markets reclaimed the psychological $3 trillion market cap level over the weekend, and for the first time in a while, there has been no late Sunday dump. n nThe week ahead is likely to be limited in volatility due to subdued trading over the Christmas holiday period. Some GDP data is due, but there are no major market-moving events this week. n nA softer US CPI print last week rekindled hopes of a Santa rally, but markets have remained quiet. n nEconomic Events Dec. 22 to 26 n nThe week will begin with October’s PCE inflation data on Monday, the other major report that the Federal Reserve looks at after the CPI. The Personal Consumption Expenditure report shows prices and real consumer spending for the period. n nTuesday will have the US third-quarter GDP report, which paints a picture of economic growth for the three-month period. Economists expect the US economy to grow in the range of 3% to 3.5%, down from the 3.8% growth recorded in the second quarter. n nNew home sales data is also due on Tuesday, and on Wednesday, data on October’s durable goods orders will be released. n nYou may also like: n nNegative Coinbase Premium Signals US Retreat While Asia Is Buying The Dips n nBitcoin (BTC) Looks Weak, But Bitwise Says New Highs Are Coming in 2026 n nBinance Hits 300M Registered Accounts 8 Years After Launch – Key Drivers Behind the Growth n n“Key drivers going forward include comments from the global central banks for the 2026 policy trajectory,” said Vinod Nair, Head of Research at Geojit Investments. n nTradFi markets are closed on Thursday for Christmas. n nCrypto Market Outlook n nTotal capitalization was $3.08 trillion, flat on the day, during the Monday morning trading session in Asia. Markets are back to where they were this time last week after recovering from Friday’s dip to a multi-month low. n nBitcoin reclaimed $88,000 over the weekend and has remained above it since, tapping $89,000 briefly on Sunday. The asset was trading at $88,500 at the time of writing and has remained rangebound for the past month. n nEther prices had reclaimed their psychological barrier at $3,000 on Monday morning, but had yet to make any further progress above this level. The altcoins were mixed with minor gains for Tron, Monero, and Hyperliquid, and minor losses for Bitcoin Cash and Leo.