FameEX Morning Crypto News Recap | August 27, 2025
2025-08-27 04:03:07Trump Alleges Forgery by Fed Governor Cook, Orders Dismissal
Trump’s decision to dismiss Fed Governor Cook, citing mortgage document forgery, intensifies his conflict with the Federal Reserve. The move paves the way for a potential board restructuring, granting Trump the chance to appoint replacements and secure a decisive four-member majority.
August U.S. Consumer Confidence Index Eases to 97.4 as Employment Worries Grow
On August 26, the U.S. Consumer Confidence Index fell to 97.4, reflecting growing concerns over employment. The expectations sub-index for the next six months declined, while the present situation index slipped to its lowest since April, signaling weakening sentiment toward both future outlook and current economic conditions.
Trump Vows Trade and Tech Penalties Against Nations Enforcing Digital Taxes
Trump announced on Truth Social that the U.S. will retaliate against countries enforcing digital taxes, digital services laws, or market regulations. He warned of imposing steep tariffs on their exports and restricting advanced technology and semiconductor sales.
Fidelity Study Evaluates Ethereum’s Performance Across Multiple Market Environments
Fidelity’s new Ethereum report highlights different trajectories across market scenarios. In a bull market, Ethereum may revolutionize collaboration and trust, positioning itself as a key driver of global coordination. Under a baseline scenario, Ethereum achieves gradual improvements in select financial and non-financial areas, serving as a stabilizing complement to traditional systems. However, in a bear market, Ethereum could be trapped in speculative cycles, limiting its ability to deliver practical, widely adopted products, thus weakening its long-term relevance.
Analyst Sees Potential Ethereum Rebound Toward $5,400
Analyst Mark Newton argues Ethereum’s support lies near $4067, making $4070 an attractive entry with strong risk-reward. He expects ETH to find a bottom around $4300 before rebounding. Newton projects a breakout above $5100, with upside potential extending to $5400–$5450, signaling notable bullish momentum ahead.
UBS Warns Federal Reserve Could Encounter Rising Political Pressures
UBS cautioned that Powell’s lack of a strong defense for Fed independence leaves room for political influence under Trump. A politicized Fed could intensify inflation uncertainty, raise effective borrowing costs by around 1%, and create ripple effects across fiscal policy, government debt management, and household savings dynamics.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.