FameEX Morning Crypto News Recap | July 23, 2025
2025-07-23 06:24:22Trump Claims Powell's Exit Is Near, Calls for 1% Interest Rates
On July 22, U.S. President Trump stated that Powell would soon be replaced. Trump criticized Powell for maintaining high interest rates despite a strong economy and argued that interest rates should be kept at 1%.
Fed's Powell Signals Openness to New Ideas on Bank Capital Framework
On July 22, Federal Reserve Chairman Powell emphasized the Fed's openness to new ideas and feedback for improving the capital framework of large banks. However, he did not provide any commentary on the economic or monetary policy outlook during his speech.
Spot Gold Price Climbs to $3420, Hitting Recent High
On July 22, spot gold prices rose to $3420 per ounce, marking a new high since June 16, with a daily increase of 0.68%.
Bitcoin Market Momentum Weakens, Prompting Strategy Adjustments by Investors
After reaching an all-time high, Bitcoin's market momentum has slowed, with investors adjusting to range volatility. Glassnode reports a cooling in profitability, though there remains potential for further price increases.
LD Capital Founder: Crypto Bull Market Rotation Begins, Mainstream Coins Leading
Jack Yi, founder of LD Capital, announced on social media that the crypto bull market rotation has begun, with mainstream coins leading the rise. He believes that, barring any surprises in the U.S. stock market and after crypto legislation is passed, significant Wall Street funds may flow into the market.
Address That Acquired 1,074 WBTC Four Years Ago Allegedly Sells 700 WBTC
On-chain analyst @ai_9684xtpa tracked an address that purchased 1,074 WBTC four years ago at an average price of $10,708. Over the past three days, it allegedly sold 700 WBTC for $82.4 million, at an average price of $117,697. The wallet still holds 800 WBTC. If the entire portion is sold, the address will make a $74.89 million profit.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.