News/FameEX Morning Crypto News Recap | March 24, 2025

FameEX Morning Crypto News Recap | March 24, 2025

2025-03-24 02:01:06

The United States to Release Key Macroeconomic Data This Week, Including Jobless Claims and GDP

 

March 25 at 21:05 – New York Fed President John Williams is scheduled to deliver the opening remarks at an upcoming event.

 

March 27 at 01:10 – St. Louis Fed President Alberto Moussallem is set to give a speech.

 

March 27 at 20:30 – U.S. initial jobless claims for the week ending March 22 are projected at 225,000, slightly higher than the 223,000 reported the previous week.

 

March 27 at 20:30 – The final reading of the U.S. Q4 real GDP annualized growth rate is expected to remain unchanged at 2.3%.

 

March 28 at 20:30 – The U.S. core PCE price index (YoY) for February is forecast to rise to 2.7%, up from 2.6% previously.

 

March 28 at 22:00 – The final reading of the University of Michigan Consumer Sentiment Index for March is expected to hold steady at 57.9, matching the prior estimate.

 

IMF Integrates Cryptocurrency into Global Economic Reporting for the First Time

On March 20, the IMF released the seventh Balance of Payments Manual (BPM7), marking the first time cryptocurrencies are included in its global economic reporting framework.

 

Long-Term Bitcoin Holders Accumulate Over 250,000 BTC in Just Two Months

According to Glassnode, long-term Bitcoin holders have accumulated over 250,000 BTC in under two months, with their total holdings rising from 13.1 million BTC on February 11 to more than 13.3 million by March 22.

 

Analyst: Early April Tariff Resolution Could Spark Positive Momentum in Crypto Market

Nansen analyst Nicolai Sondergaard stated that despite positive crypto developments, global tariff concerns are pressuring the market. Risk assets may remain directionless until these issues are resolved, possibly between April 2 and July. A resolution could act as a strong positive catalyst for the cryptocurrency market.

 

Michael Saylor Unveils Latest Bitcoin Tracker Information

MicroStrategy founder Michael Saylor shared another Bitcoin Tracker update on X. Consistent with past behavior, the company typically announces increases in its Bitcoin holdings a day after such news surfaces.

 

Trader: Market Has Entered Phase Five Marked by Low Volatility

Trader Eugene believes the market has entered a fifth phase marked by long position losses, price consolidation, and declining volume and volatility. While the phase's duration is uncertain, minimal structural damage suggests it may be shorter than previous cycles. Crypto trends may continue mirroring the stock market.

 

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

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