FameEX Morning Crypto News Recap | April 9, 2025
2025-04-09 01:45:01Trump Set to Receive New Tariff Plan from Economic Adviser
White House economic adviser Kevin Hassett is preparing a plan outlining recommended topics and timing for upcoming tariff negotiations, which he plans to present to President Trump, according to his statement in a Fox News interview.
Bitcoin Sees Over $220M in Net Outflows as Investors Accumulate at Lower Levels
IntoTheBlock shared on X that over $220 million in Bitcoin was withdrawn from exchanges during rising market panic, hinting that investors might be accumulating BTC at discounted prices instead of reacting emotionally and selling during the downturn.
25.8% of BTC Supply in Loss Position
Based on CryptoQuant data, 25.8% of the total Bitcoin supply—around 5.12 million BTC—is currently being held at a loss by holders.
Stablecoin Network Usage Climbs Past 300K Daily Addresses, $72B Transacted On-Chain
Stablecoin usage is climbing fast, hitting 300,000+ daily active addresses and $72B in on-chain volume—its peak since February, per IntoTheBlock.
U.S. Short-Term Interest Rate Futures Traders Expect Potential Federal Reserve Rate Reduction in May
On April 9, U.S. futures traders increased bets that the Federal Reserve might cut interest rates as early as May.
JPMorgan Says Russell 2000 Implies 79% Recession Risk
JPMorgan highlights increasing U.S. recession risks, with economic-linked stocks showing up to 80% probability. The Russell 2000 indicates 79%, S&P 500 at 62%, basic metals 68%, and 5-year Treasury bonds 54%. In contrast, investment-grade credit markets reflect only a 25% chance.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.