FameEX Morning Crypto News Recap | March 20, 2025
2025-03-20 15:20:25Fed Eyes Two Rate Cuts for 2025
Fed's March 20 dot plot maintains forecast of two rate cuts in 2025, consistent with December 2023 projections.
Bitcoin Selling Pressure Eases as Long-Term Holders Hold, New Whales Accumulate
Bitcoin dropped to $76,600 on March 11, a four-month low, yet long-term holders continue to hold substantial amounts. Glassnode highlights decreased selling pressure from these investors, reflecting bullish trends and the market's distinctive strength.
Stablecoin Growth Accelerates with $225B Supply and 53% More Active Wallets
A joint report by Artemis and Dune shows active stablecoin wallets jumped 53% to 30 million from February 2024 to 2025. Stablecoin supply surged 63%, rising from $138 billion to $225 billion. Market capitalization mirrored this growth, signaling strong adoption and expanding use of stablecoins across the crypto ecosystem during the period.
U.S. Bitcoin ETFs Add 5,585 BTC This Week, Hinting at Possible End to Outflow Trend
U.S. Bitcoin ETFs purchased 5,585 BTC this week, reversing a five-week outflow trend, according to HODL15 Capital's monitoring.
Fund Managers Dump U.S. Stocks, Heightening Risk for Bitcoin
Bitcoin has mirrored U.S. stock market trends, particularly the Nasdaq and S&P 500. Between February and March, fund managers cut U.S. stock holdings by 40 percentage points—the steepest monthly drop since 1994.
Bitcoin Slips Into Minor Bear Market, with $90,000 Mark as Key Turning Point
10x Research says Bitcoin is in a minor bear market, with $90,000 as a key pivot point. A short-term countertrend rebound may present profit opportunities in the current market.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.