FameEX Morning Crypto News Recap | August 14, 2025
2025-08-14 05:45:33Trump Plans Appointment of New Federal Reserve Chairman
U.S. President Trump announced plans to appoint a new Federal Reserve chairman soon, with only three to four candidates remaining for the position.
Federal Reserve’s Goolsbee: Rate Cuts Possible Sooner If Inflation Hits Targets
Federal Reserve official Goolsbee stated that if inflation approaches the 2% target, rate cuts could occur ahead of schedule. However, if conflicting data arises, the Fed may halt rate hikes or continue raising them based on economic conditions.
Ethereum Surpasses $4700, But On-Chain Activity Stays Calm
On August 13, Ethereum's gas fee briefly hit 1.901 gwei, while on-chain activity remained subdued despite the price surpassing $4700. Unlike previous bull markets, where gas fees exceeded 50 gwei, current activity remains relatively calm.
Standard Chartered Analysts Increase Ethereum Price Prediction to $7,500 by 2025
Standard Chartered Bank analysts have revised their Ethereum price forecast, raising the 2025 target to $7,500 from $4,000. They also increased the 2028 prediction to $25,000, up from the previous estimate of $7,500.
Cryptocurrency Market Capitalization Breaks $4.2 Trillion, Reaching Record High
On August 13, Coingecko data showed the total cryptocurrency market capitalization surpassed $4.2 trillion, reaching $4.219 trillion, marking a historical high with a 3.5% increase in 24 hours.
Search Interest for 'Altcoin' Hits Five-Year Peak, Google Trends Reveals
On August 13, Google Trends data revealed that the search volume for "altcoin" reached its highest point in nearly five years on the Google search engine.
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