FameEX Morning Crypto News Recap | March 20, 2025
2025-03-20 15:20:03Federal Reserve Signals Two Rate Reductions in 2025
Fed's March 20 dot plot indicates two rate cuts expected in 2025, unchanged from December 2023 forecast.
Long-Term Bitcoin Holders Steady, While New Whales Accelerate Accumulation
Bitcoin fell to a four-month low of $76,600 on March 11, but long-term holders remain steadfast, retaining significant BTC. Glassnode notes reduced selling pressure from these holders, signaling bullish market dynamics and unique resilience.
Stablecoin Wallet Activity Up 53% in a Year, Total Supply Reaches $225 Billion
A joint report by Artemis and Dune revealed that active stablecoin wallets rose 53% from 19.6 million to 30 million between February 2024 and 2025. During the same period, stablecoin supply surged 63%, growing from $138 billion to $225 billion. Market capitalization closely mirrors this supply increase, reflecting strong growth and adoption.
U.S. Bitcoin ETFs Acquire 5,585 BTC This Week, Signaling Potential Reversal of Outflow Trend
After five weeks of outflows, U.S. Bitcoin ETFs bought 5,585 BTC this week, signaling a reversal in the trend, per HODL15 Capital.
Fund Managers Offload U.S. Stocks Sharply, Raising Risks for Bitcoin
Bitcoin’s price has closely tracked U.S. stock markets like the Nasdaq and S&P 500. Recently, fund managers have sold U.S. stocks at a record pace, slashing holdings by 40 percentage points between February and March—the sharpest monthly decline since 1994.
Bitcoin Enters Minor Bear Phase, Eyes $90,000 as Crucial Pivot Level
10x Research reports Bitcoin is in a minor bear market, identifying $90,000 as a key pivot. A short-term countertrend rebound offers potential profit opportunities amid current market conditions.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.