š„ššNext Week in Crypto: šļøšš„Key Events to Watch (June 2nd - June 8th, 2025) š
Next week features a suit of important eventsāfrom major token unlocks to important US economic data. Hereās what to keep on your radar:
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š Token Unlocks #TokenUnlock
- June 2 ā ENA Unlock
Ā Ā Ā
Ethena (ENA)Ā will unlockĀ 40.63 million tokens, valued at approximatelyĀ $12 million, representingĀ 0.70%Ā of its circulating supply.
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š Key U.S. Economic Data Releases
- June 3 ā JOLTS Job Openings
- June 6 āĀ Nonfarm Payrolls
- June 6 ā Unemployment Rate
Next week, itās all about theĀ labour market, with three key reports that could shape expectations for the Fedās next move.
Kicking things off is theĀ JOLTS Job Openings report, a measure of labour market tightness. AĀ higher-than-expected printĀ would point to strong demand for workers, potentially reducing the odds of near-term policy easing. On the other hand, aĀ drop in job openingsĀ could signal that labour market pressures are easingāa development that would support the case forĀ monetary easing.
Then comes theĀ Nonfarm PayrollsĀ andĀ Unemployment RateĀ reports, offering a deeper read on overall employment health.Ā Robust payroll growthĀ or aĀ steady jobless rateĀ would suggest the economy remains resilient, reinforcing the Fedās cautious stanceāsomething that could be viewed asĀ bearishĀ for risk assets. Conversely,Ā softer job numbersĀ or aĀ rise in unemploymentĀ could signal emerging weakness, boosting the likelihood ofĀ monetary easingĀ and likely delivering aĀ bullish tailwindĀ for markets.
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Thatās all for next weekās action!Ā Keep an eye on these events, and weāll be back with more updates in the next roundup!