Fed: There may be two rate cuts in 2025
On March 20, the Fed released dot plot data showing that two rate cuts are expected in 2025, consistent with the forecast in December 2023.
Bitcoin long-term holders hold their coins firmly, and new “whales” are accumulating at an accelerated pace
Despite the price of Bitcoin falling to a four-month low of $76,600 on March 11, long-term holders remain firm in holding their coins. Glassnode pointed out that the selling pressure from these holders has decreased, indicating that the market has shown bullish momentum and unique resilience.
Stablecoin wallet activity increased by 53% year-on-year, with a total supply of up to $225 billion
The joint report by Artemis and Dune shows that the number of active addresses of stablecoin wallets rose from 19.6 million to 30 million between February 2024 and 2025, an increase of 53%. During the same period, the total supply of stablecoins increased from $138 billion to $225 billion, an increase of 63%. The growth trend of market capitalization is highly consistent with the change in supply, reflecting strong growth and widespread adoption.
This week, the US Bitcoin ETF increased its holdings by 5,585 BTC, and the outflow trend began to reverse
According to data from HODL15 Capital, the US Bitcoin ETF inflowed 5,585 BTC this week after five consecutive weeks of outflows, indicating that its outflow trend began to reverse.
Fund managers began to sell off US stocks in large quantities, and the risk of Bitcoin market is gradually increasing
The price of Bitcoin is highly correlated with the US stock market (such as Nasdaq and S&P 500). Therefore, the recent move by fund managers to sell off US stocks in large quantities may pose a risk to Bitcoin. Data shows that the proportion of fund managers’ holdings fell by 40 percentage points from February to March, the largest monthly drop since 1994.
Bitcoin enters short-term bear market, $90,000 becomes key support level
10x Research said that Bitcoin is currently in a short-term bear market, and $90,000 may become a key turning point. A rebound may occur in the short term, providing investors with profit opportunities.
