FameEX Morning Crypto News Recap | October 10, 2025
2025-10-10 03:59:49September CPI Report Set to Be Released by U.S. Bureau of Labor Statistics
Despite the ongoing government shutdown, the U.S. Bureau of Labor Statistics is still working on releasing the September Consumer Price Index (CPI) report. While the exact release date is unclear, it is unlikely to occur on the previously scheduled date of October 15.
Barr from Federal Reserve Notes Robust Consumer Spending and Strengthening Inflation
Federal Reserve Board member Barr stated that since the September meeting, consumer spending has remained robust, core personal consumption expenditures (PCE) inflation has continued to strengthen, and new tariffs have been introduced.
State Street Finds 60% of Institutional Investors Aim to Raise Digital Asset Allocation Within a Year
State Street's 2025 Digital Asset Outlook report, published on October 9, indicates that more than 50% of institutional investors anticipate their digital asset exposure will double in the next three years. Additionally, 60% plan to increase their digital asset allocation within the year.
Deutsche Bank Says Bitcoin and Gold Will Emerge as Key Bank Reserves
Deutsche Bank forecasts that by 2030, Bitcoin and gold may be recognized as key bank reserves.
Glassnode Reports Bitcoin Trading Above Short-Term Holders' Cost Basis, Indicating Strong Market Momentum
Glassnode's analysis shows Bitcoin's price remains above short-term holders' cost basis, indicating continued market strength. While the current upward trend hasn't reached overbought levels, the market momentum is robust.
U.S. Investment Drives Bitcoin Rebound, Spot ETFs See Net Inflow of 29,670 BTC
On-chain analyst Murphy highlighted that U.S. funds have been the primary driver behind Bitcoin's rebound since September 26, mirroring the market movement after Bitcoin surpassed $100,000 in May. U.S. investors remain central to the current cycle. Historical trends suggest that if Asian funds remain absent and U.S. funds are exhausted, Bitcoin and other major cryptocurrencies may experience weakness. As of now, U.S. funds continue to flow in, with spot ETFs registering a net inflow of 29,670 BTC, consistent with April and June 2025 levels but slightly below October 2024.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.