FameEX Morning Crypto News Recap | February 12, 2025

Federal Reserve Chair Powell States No Urgency to Cut Interest Rates Despite Trump’s Pressure

Federal Reserve Chairman Powell emphasized that despite Trump’s pressure, there is no urgency to cut interest rates. With a strong economy and accommodative policies in place, Powell noted that although inflation has significantly eased, it remains high, so policy adjustments are not needed immediately.

Crypto Industry Leaders Call on U.S. Congress to Set Clear Regulatory Guidelines

On February 11, crypto industry leaders urged U.S. Congress to create clear regulations, warning that the U.S. risks falling behind as other countries implement crypto-friendly policies.

Cryptocurrency Market Sees Capital Inflow Rebound, Gaining $6 Billion in the Last Week

On-chain analyst Ali, citing Glassnode data, revealed that cryptocurrency market capital inflow has rebounded, with an additional $6 billion over the past week, signaling new momentum in the market.

Since 2023, Bitcoin Market Has Sold Off $142 Billion, Yet Prices Have Increased

CryptoQuant CEO Ki Young Ju noted that despite the market selling off $142 billion worth of Bitcoin since 2023, Bitcoin's price has continued to rise, highlighting resilience in the market.

69.4% of Bitcoin Held by Individuals, While Institutional Purchases Face Challenges

Bitwise Asset Management revealed that individuals own 69.4% of Bitcoin, creating challenges for institutions and governments trying to acquire it. With only 5.7% of Bitcoin left to mine and around 140,000 Bitcoins available in the OTC market, institutional purchases are becoming increasingly difficult.

Altcoins' Daily Active Address Count Remains Below 2021 Peak

IntoTheBlock reported that the daily active address count for most altcoins remains well below the 2021 peak, suggesting retail traders have not yet significantly returned to the altcoin market.

Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.