The crypto market is entering a decisive moment with several significant events that could greatly affect its dynamics in 2025.
Trump’s Announcement: Market Influence
President Trump is scheduled to make a major announcement at 4 PM EST today. His statements often influence both traditional and crypto markets. If the announcement is pro-growth or pro-crypto, it could create bullish momentum. Conversely, if it raises concerns about tariffs or regulation, it might inject volatility into an already fragile market.
Unemployment Data: Fed's Next Move
In less than two hours, the U.S. unemployment numbers will be released—a critical indicator for Federal Reserve policy. Higher unemployment may push the Fed toward rate cuts, increasing liquidity and potentially boosting Bitcoin and altcoins. Lower unemployment could reinforce hawkish policy, tightening liquidity and weighing on risk assets.
Alts/BTC Golden Cross
Earlier today, the alts-to-BTC chart printed a golden cross, where the short-term moving average crosses above the long-term average. This technical setup in 2017 preceded a significant altcoin rally. While history never repeats exactly, this signal indicates that altcoins are technically primed for a breakout, provided macro conditions align.
The coming hours may determine the course for the next big trend in the crypto market. Depending on the jobs data and Trump's announcement, the market could either witness the realization of a substantial altseason or face temporary stagnation.
