FameEX Morning Crypto News Recap | April 18, 2025
2025-04-17 22:44:43Trump's Discontent with Fed Chair Powell and Potential Ouster Could Heighten Market Volatility
President Trump criticized Fed Chair Powell for resisting rate cuts, expressing hope for his early departure on Truth Social. His remarks could intensify market uncertainty and fuel concerns over Federal Reserve independence.
Trump Urges Powell to Lower Rates to Prevent U.S. Competitive Disadvantage
On April 18, President Trump urged Fed Chair Powell to cut interest rates, warning that if Europe lowers rates first, it could place the U.S. at a competitive disadvantage.
Trump Poised to Unveil Upcoming Trade Deal Announcement
President Trump said he expects to announce trade agreement news soon but is in no rush. He expressed strong confidence in reaching a deal with the European Union.
Stablecoin Trading Volume Surpasses Visa Payments for the First Time in 2024
In 2024, stablecoin trading volume exceeded Visa’s payment volume for the first time, highlighting the rising significance of stablecoins in the evolving global payments landscape.
DeFi Total Value Locked Drops 27.5% in Q1 2025
In Q1 2025, DeFi’s total value locked fell by 27.5%, losing $48.9 billion amid a broad altcoin downturn. Ethereum’s TVL dropped about $40 billion, and its market share declined from 63.5% to 56.6%.
Global Stock and Futures Markets to Close Temporarily for Holiday Observances
Due to Good Friday and Easter holidays, U.S., Hong Kong, European, and Australian stock markets will close on April 18. Hong Kong, European, and Australian markets will remain closed on April 21.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.