FameEX Morning Crypto News Recap | August 14, 2025
2025-08-14 05:47:08Trump Set to Appoint New Federal Reserve Chairman Soon
U.S. President Trump revealed he would appoint a new chairman for the Federal Reserve shortly, with only three to four candidates remaining in consideration for the role.
Goolsbee from Federal Reserve Suggests Early Rate Cuts if Inflation Targets Are Met
Federal Reserve official Goolsbee indicated that if inflation reaches the 2% target, rate cuts may happen earlier than expected. However, if there is conflicting data, the Fed could either pause rate hikes or continue raising them, depending on the economic situation.
Ethereum Breaks $4700, Yet On-Chain Activity Remains Unchanged
On August 13, Ethereum's gas fee reached 1.901 gwei, and on-chain activity was quiet despite the price breaking $4700. In past bull markets, Ethereum's gas fees typically stayed above 50 gwei.
Ethereum Price Forecast Raised to $7,500 by Standard Chartered Analysts for End of 2025
Standard Chartered Bank analysts have upgraded their Ethereum price predictions, forecasting $7,500 by the end of 2025, up from $4,000. They also raised the 2028 forecast to $25,000, previously set at $7,500.
Total Cryptocurrency Market Cap Exceeds $4.2 Trillion, Achieving Historic Milestone
On August 13, Coingecko data revealed that the total cryptocurrency market capitalization exceeded $4.2 trillion, reaching $4.219 trillion. This milestone marked a historic high with a 3.5% increase over the past 24 hours.
'Altcoin' Search Volume Soars to Five-Year High, According to Google Trends
On August 13, Google Trends data indicated that the search volume for "altcoin" surged to its highest level in nearly five years.
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