FameEX Morning Crypto News Recap | April 22, 2025
2025-04-22 01:01:39Trump Urges Federal Reserve to Slash Rates Immediately Amid Economic Slowdown
Trump urged the Federal Reserve to enact a preemptive rate cut, citing declining energy and food prices and low inflation. He criticized Chair Powell for delayed actions and warned that inaction could trigger an economic slowdown, emphasizing that Europe has already implemented seven rate cuts in response to similar conditions.
Paul S. Atkins Sworn In as 34th Chairman of the U.S. SEC
Paul S. Atkins officially assumed office as the 34th SEC Chairman on April 22, following his nomination by Trump on January 20 and Senate confirmation on April 9. A former commissioner, Atkins champions digital asset reform, regulatory transparency, and cost-effective financial market oversight.
Bitcoin Volatility Declines to 2.66%, Suggesting Period of Market Stability
On April 21, Coinglass data showed Bitcoin volatility fell to 2.66% after eight consecutive days of decline. The drop suggests reduced speculative trading and retail FOMO, indicating a decline in short-term activity and a potential transition into a consolidation phase or a more stable, calm market environment.
Strategy’s Large Bitcoin Buys Have Little Influence on Market Prices
According to a TD Cowen report on April 21, Strategy’s expanding role as a major Bitcoin holder has had limited impact on market prices. Its weekly purchases average only 3.3% of trading volume, totaling 8.4% across the past 27 weeks, indicating modest market influence despite large-scale buying.
Spot Gold Surges to All-Time High of $3,359.38 per Ounce
On April 21, spot gold rose in the Asian session, hitting a record high of $3,359.38 per ounce with a $30 intraday gain, marking a 0.9% overall increase.
Analyst Suggests Market Is Undergoing a Typical Correction, Not Entering a Bear Cycle
CryptoQuant analyst CryptoDan views the current market as undergoing a normal correction rather than entering a bear cycle. He highlighted the previous price increase as moderate, indicating the market isn’t overheated and suggesting that downside risks are likely to remain controlled and manageable at this stage.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.