FameEX Morning Crypto News Recap | March 10, 2025

White House Declares Intent to Make the U.S. a Bitcoin Superpower

The White House announced via its official X account that the U.S. aims to become the global Bitcoin superpower, marking the beginning of America's golden age.

Michael Saylor Suggests U.S. Aim to Acquire 25% of Bitcoin's Supply Within a Decade

Michael Saylor, founder of Strategy, recommended the U.S. government strategically acquire 25% of Bitcoin's total supply over the next decade. He proposed daily purchases between 2025 and 2035, suggesting a target range of 5-25%, and emphasized adopting a strict policy of "never selling Bitcoin" to maintain long-term reserve value and economic advantage.

Whales Accumulate More Than 30,000 BTC Within Two Weeks

Crypto analyst Ali Martinez reported on X that whales accumulated more than 30,000 BTC within the last two weeks.

If the Fed Holds Rates Steady, Bitcoin's Price Floor Could Be $70,000

Network economist Timothy Peterson cautioned that failing to cut interest rates by 2025 may trigger a market decline, potentially pushing Bitcoin's price down to around $70,000.

Decline in Bitcoin Price Driven by Reduced Market Demand

Julio Moreno of CryptoQuant attributed Bitcoin's price decline to reduced spot demand growth and increased dominance of short positions in the futures market, weakening overall bullish market sentiment and momentum.

US Bitcoin spot ETF Faces Decline Amid Falling Demand, Rising Short Positions for Fourth Consecutive Week

The U.S. Bitcoin spot ETF market faced four weeks of outflows as institutional investors pulled back, weakening demand. This imbalance in supply and demand led to a decline in Bitcoin's price over the past week.

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