FTX repayments and U.S. jobs data headline the week ahead in crypto.

Crypto Week Ahead tracks the key developments in digital assets and the macro events likely to shape market direction. (Readers can also subscribe to Crypto Daybook Americas for a daily briefing on upcoming catalysts.)

The final week of March is set to be eventful. The FTX Recovery Trust is scheduled to distribute $2.2 billion to creditors on Tuesday, while the closely watched U.S. nonfarm payrolls report is due Friday — a session when many global equity markets will be փակ for Good Friday.

Geopolitics remains a major overhang. The Middle East conflict, now in its fifth week, has disrupted critical energy infrastructure and transport routes, pushing inflation expectations higher and prompting a shift in monetary policy outlooks.

“Bitcoin, a highly reflexive and liquidity-sensitive asset, tends to respond early to changes in risk appetite and has already repriced lower since October 2025,” said Luke Deans, senior research associate at Bitwise. “That suggests digital assets began adjusting to tighter financial conditions ahead of traditional markets.”

Deans added that global macro forces continue to dominate sentiment. While liquidity dynamics will matter, the broader backdrop remains fragile amid persistent geopolitical uncertainty.