The asteroid is so huge some believe it will cause earthquakes and volcanoes because of its gravitation pull. In case it hits the planet it could wipe out a whole continent.
Astronomers will be monitoring this and other asteroids to make sure Earth and everyone on it are safe. It is highly unlikely though that this particular asteroid hits earth because it’s traveling some 6.7 million miles away from Earth.
Even though we will probably be safe on Christmas, it won't hurt if you spend Christmas Eve with your loved ones anyway.