January 2025 promises to be filled with events that could significantly impact the global economy and financial markets, including the cryptocurrency market.
These events deserve special attention from both investors and traders, as they can cause significant volatility. Let’s look at the key dates of the month and their potential impact:
January 3 — Start of the 119th US Congress
The new Congress will begin its work. This could affect economic and legislative initiatives, including possible changes in the regulation of financial and cryptocurrency markets.
January 8 — Publication of FOMC Minutes
The minutes of the Federal Open Market Committee (FOMC) meeting often provide clues about the future direction of US monetary policy. Markets are expecting a clearer understanding of the Fed’s strategy regarding interest rates.
January 9 — US Unemployment Claims Data
The release of data on new unemployment claims in the US will provide information on the state of the American labor market. This is a key indicator that can affect stock and currency markets.
January 10 — US Unemployment Rate
The unemployment rate is one of the main indicators of the economy’s health. If the data turns out to be unexpectedly high or low, it can cause strong market movements.
January 15 — US Consumer Price Index (CPI)
The CPI is an indicator of inflation. The figure for December 2024 will be an important signal for the Fed. High inflation could increase expectations of a tighter monetary policy.
January 20 — Several Events:
- Inauguration of Donald Trump. The new political course could significantly impact the economy and regulation.
- Departure of Gary Gensler as SEC Chairman. This could pave the way for more lenient cryptocurrency regulation in the US.
- World Economic Forum 2025. The event will discuss global challenges and prospects, including the economy, technology, and climate.
January 23 — Grayscale’s Solana ETF Decision
Grayscale is preparing to present its Solana ETF. If the decision is positive, it could attract large investments and significantly strengthen Solana’s position in the market.
January 24 — Bank of Japan Meeting
The Bank of Japan will make a decision on the interest rate. Any changes could affect currency markets, especially the yen.
January 25 — Solana ETF Decisions
Several companies (VanEck, 21Shares, Canary, Bitwise) will present their Solana ETFs. Approval of these applications will be an important step for the institutionalization of the cryptocurrency market.
January 29 — US Federal Reserve Meeting
The Federal Reserve will make a decision on the key interest rate. This event traditionally has a huge impact on global markets.
How to Prepare for January Events? Tips from RevenueBot
These events can cause high market volatility. Here are some tips for investors:
- Stay Informed. Make sure you are aware of all important updates.
- Plan Trades in Advance. Consider potential risks and adjust your strategy accordingly.
- Diversify Your Portfolio. This will help reduce risks in unstable conditions.
- Study the Impact of Each Date. For example, decisions on Solana ETFs may be especially important for crypto investors.
Save this article to stay informed about all events and prepare in advance for the key dates of the month.
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