FameEX Morning Crypto News Recap | April 9, 2025
2025-04-09 09:33:15Economic Adviser to Submit Tariff Strategy Plan to President Trump
White House economic adviser Kevin Hassett is drafting a plan with recommendations on topics and timing for tariff negotiations, which he intends to present to President Trump, as he revealed in a Fox News interview.
Bitcoin Net Outflows Top $220M, Indicating Possible Accumulation Trend
IntoTheBlock reported on X that Bitcoin net outflows from exchanges surged over $220 million amid growing market panic, suggesting investors may be taking advantage of lower prices to accumulate more BTC rather than selling in fear.
25.8% of Bitcoin Supply Currently Held at a Loss
According to CryptoQuant, 25.8% of all Bitcoin—totaling over 5.12 million BTC—is currently underwater.
Stablecoins Top 300,000 Daily Active Addresses, On-Chain Volume Hits $72B
Stablecoin activity is surging, with over 300,000 daily active addresses and $72 billion in on-chain transaction volume—the highest since February, according to IntoTheBlock data.
Traders in U.S. Short-Term Interest Rate Futures Anticipate Potential Fed Rate Cut in May
On April 9, U.S. futures traders raised expectations that the Federal Reserve could implement an interest rate cut as soon as May.
JPMorgan: Russell 2000 Signals 79% Chance of Recession
JPMorgan reports rising recession risks, with stocks tied to the U.S. economy showing up to 80% probability. The Russell 2000 reflects a 79% chance, S&P 500 at 62%, basic metals at 68%, and 5-year U.S. Treasury bonds at 54%. However, the investment-grade credit market signals only a 25% recession probability.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.