FameEX Morning Crypto News Recap | April 18, 2025
2025-04-17 22:46:43Trump's Frustration with Fed Chair Powell and Possible Dismissal Threaten to Unsettle Markets
President Trump slammed Fed Chair Powell for opposing rate cuts and voiced hope for his early exit on Truth Social, potentially increasing market volatility and raising concerns about the Federal Reserve’s independence.
Trump Pressures Powell to Cut Rates to Shield U.S. from Global Disadvantage
On April 18, President Trump called on Fed Chair Powell to reduce interest rates, cautioning that European rate cuts could leave the U.S. economically disadvantaged if action isn't taken promptly.
Trump Set to Reveal New Trade Agreement Details
President Trump said he anticipates announcing trade agreement news soon but sees no urgency. He expressed high confidence in successfully securing a trade deal with the European Union.
In 2024, Stablecoin Transactions Overtake Visa’s Payment Volume for the First Time
In 2024, stablecoin trading volume overtook Visa’s for the first time, underscoring the growing role of stablecoins in the global payments ecosystem and their increasing mainstream adoption.
DeFi TVL Falls 27.5% in First Quarter of 2025
In Q1 2025, DeFi’s total value locked declined by 27.5%, losing $48.9 billion amid falling altcoin prices. Ethereum’s TVL dropped $40 billion, with market share shrinking from 63.5% to 56.6%.
Worldwide Stock and Futures Markets to Shut Briefly for Holiday Schedules
In observance of Good Friday and Easter, U.S., Hong Kong, European, and Australian stock markets will close on April 18, with the latter three remaining closed through April 21.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.