Crypto Market Digest: Non-Farm Payroll Report and Major Token Unlocks Shape Market Week

The week of February 2-8 brought together a convergence of significant crypto events and macroeconomic data releases that kept the market active. Drawing from RootData’s event calendar, this period featured substantial token vesting schedules, critical employment data points including the highly anticipated non-farm payroll figures, and notable project announcements that influenced market sentiment and investor decisions across digital assets.

Token Release Schedule Impacts Circulation

Multiple projects released substantial token supplies during this period. On February 2, Ethena (ENA) released 11.1 billion tokens valued at approximately $14.55 million, representing 1.394% of its circulation, while DoubleZero (2Z) unveiled 14 billion tokens worth $14.59 million or 4.022% of circulation. The following days saw additional releases: Succinct (PROVE) on February 5 with 50 million tokens ($16.66 million, 25.655% of supply), XION releasing 1.68 million tokens ($226,900, 2.369% of circulation), MYX Finance on February 6 with 9.72 million tokens ($47.35 million, 5.092% of supply), Berachain (BERA) unveiling 63.73 million tokens ($31.8 million, 43.961% of circulation), Wormhole (W) releasing 40.32 million tokens ($904,100, 0.758% of supply), Hashflow (HFT) on February 7 with 11.69 million tokens ($249,000, 1.684% of circulation), and finally STABLE on February 8 with 88.89 million tokens ($20.65 million, 4.947% of circulation). These coordinated releases required careful market monitoring as large unlocks typically create selling pressure and volatility.

Economic Data Points Including Non-Farm Payroll Employment Figures

The economic calendar delivered pivotal macroeconomic indicators that moved both traditional and crypto markets. Most notably, the U.S. released its January non-farm payroll employment data, a cornerstone metric for Federal Reserve policy decisions. This employment report included seasonally adjusted figures and the non-farm employment benchmark change final value, providing crucial insight into labor market health. Additionally, the January unemployment rate and February inflation rate expectations were published, offering forward-looking guidance for rate policy. Beyond U.S. data, Eurozone inflation metrics emerged, including January CPI year-on-year and month-on-month preliminary values alongside December PPI month-on-month figures. The ECB’s deposit facility rate and main refinancing rate as of February 5 rounded out the policy landscape, while Federal Reserve Governor Bowman and Atlanta Fed President Bostic delivered speeches on monetary policy trajectories throughout the week.

Project Developments and Platform Upgrades

The cryptocurrency space witnessed meaningful technical and organizational progress during this period. Stable upgraded its mainnet, transitioning USDT0 to become the native gas token—a significant infrastructure development. Uniswap launched its continuous clearing auction (CCA) feature on the web platform, with Rainbow simultaneously initiating a CCA auction on Uniswap, demonstrating growing adoption of this innovative trading mechanism. Galaxy announced its Q4 and full-year 2025 performance metrics, while Ondo held a New York summit to reveal its latest strategic roadmap. Zama opened its public token application phase, expanding access to governance participation. Bullish released Q4 2025 financial results, offering transparency to stakeholders about business performance during this volatile market period.

Market Implications and Risk Considerations

The confluence of substantial token unlocks, critical employment data including non-farm payroll metrics, and macroeconomic policy signals created a complex environment for crypto investors. The non-farm payroll report holds particular significance as it directly influences Federal Reserve decisions on interest rates, which in turn affects asset valuations across digital currencies. Investors monitoring this week’s events needed to balance the short-term volatility from token releases against longer-term implications of monetary policy shifts signaled through employment data and central bank communications.

Risk Warning: This calendar summary does not constitute investment advice. Market participants should conduct independent research and consult financial advisors before making trading decisions based on these events.