🔥🚀📉Next Week in Crypto: 🗞️🚀🔥Key Events to Watch (June 2nd - June 8th, 2025) 🗓
Next week features a suit of important events—from major token unlocks to important US economic data. Here’s what to keep on your radar:
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🔒 Token Unlocks #TokenUnlock
- June 2 – ENA Unlock
Ethena (ENA) will unlock 40.63 million tokens, valued at approximately $12 million, representing 0.70% of its circulating supply.
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📊 Key U.S. Economic Data Releases
- June 3 — JOLTS Job Openings
- June 6 — Nonfarm Payrolls
- June 6 — Unemployment Rate
Next week, it’s all about the labour market, with three key reports that could shape expectations for the Fed’s next move.
Kicking things off is the JOLTS Job Openings report, a measure of labour market tightness. A higher-than-expected print would point to strong demand for workers, potentially reducing the odds of near-term policy easing. On the other hand, a drop in job openings could signal that labour market pressures are easing—a development that would support the case for monetary easing.
Then comes the Nonfarm Payrolls and Unemployment Rate reports, offering a deeper read on overall employment health. Robust payroll growth or a steady jobless rate would suggest the economy remains resilient, reinforcing the Fed’s cautious stance—something that could be viewed as bearish for risk assets. Conversely, softer job numbers or a rise in unemployment could signal emerging weakness, boosting the likelihood of monetary easing and likely delivering a bullish tailwind for markets.
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That’s all for next week’s action! Keep an eye on these events, and we’ll be back with more updates in the next roundup!