FameEX Morning Crypto News Recap | April 22, 2025
2025-04-22 01:00:31Trump Demands Immediate Fed Rate Cut to Counter Economic Slowdown
Trump called on the Federal Reserve to implement a preemptive rate cut, citing falling energy and food prices and minimal inflation. He criticized Chair Powell for being consistently late and warned that failure to act swiftly could lead to economic slowdown, noting Europe has already cut rates seven times.
Paul S. Atkins Assumes Role as 34th Chairman of the U.S. SEC
On April 22, Paul S. Atkins officially became the 34th SEC Chairman following his January 20 nomination by Trump and April 9 Senate confirmation. A former SEC commissioner, Atkins is known for advocating digital asset reforms, regulatory transparency, and cost-effective oversight of financial markets.
Bitcoin Volatility Drops to 2.66%, Signaling Potential Market Calm
On April 21, Coinglass reported Bitcoin volatility dropped to 2.66% after eight days of decline. Reduced volatility suggests waning speculative trading and retail FOMO, indicating fewer short-term participants and a possible shift into a market consolidation or “calm period” with more stable price movements.
Strategy’s Massive Bitcoin Purchases Show Minimal Effect on Market Prices
A TD Cowen report on April 21 noted that despite Strategy’s growing role as a major Bitcoin holder, its large-scale purchases have minimal price impact. On average, Strategy’s weekly buys represent just 3.3% of trading volume, with a cumulative 8.4% over the past 27 weeks.
Spot Gold Hits Record High of $3,359.38 per Ounce
On April 21, spot gold climbed during the Asian session, reaching a new all-time high of $3,359.38 per ounce with an intraday gain of around $30, up 0.9% overall.
Analyst: Market Likely Experiencing a Standard Correction, Not a Full Bear Cycle
CryptoQuant analyst CryptoDan believes the current market reflects a typical correction, not a full bear cycle. He notes the prior price surge was moderate, suggesting limited overheating and implying that potential downside risks remain manageable under current conditions.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.