FameEX Morning Crypto News Recap | August 21, 2025
2025-08-21 04:34:40Federal Reserve Meeting Minutes Confirm Existing Information, Officials Open to September Rate Cut
Federal Reserve spokesperson Nick Timiraos stated meeting minutes generally reinforce known information rather than introducing new details. Following Powell's hawkish tone at the July meeting, more officials are now open to the possibility of a rate cut in September after the August 1 employment report.
U.S. SEC Chairman: Only a Few Cryptocurrency Tokens Should Be Considered Securities
U.S. SEC Chairman Paul Atkins stated that only a few cryptocurrency tokens should be classified as securities, signaling a shift in the agency's regulatory approach following Gary Gensler's tenure.
Global Search Volume for Altcoin Season Drops Amid Bitcoin and Altcoin Decline
Google Trends data reveals that global search volume for "altcoin season" has dropped significantly, from 100 points on August 13 to 18 points, due to the ongoing decline of Bitcoin and altcoins over the past six days.
Santiment: Retail Sentiment Becomes Extremely Bearish, Indicating Possible Market Reversal
Santiment data reveals that retail trader sentiment plummeted to its lowest level since June 22, following Bitcoin's drop below $113,000 and failure to rebound. Extreme pessimism often creates opportunities for patient investors to buy the dip, as market trends typically move against public expectations.
Lombard Odier Strategists Predict Further Weakening of the Dollar
Lombard Odier strategists have downgraded their outlook on the US dollar from neutral to negative, expecting further weakness. While US inflation has slightly increased, companies are not significantly hiring or laying off. Market consensus is aligning with expectations of three Federal Reserve rate cuts this year.
Crypto Analyst Says Ethereum is Undergoing a Healthy Pullback
On August 20, crypto analyst @IamCryptoWolf described Ethereum's recent pullback as a healthy correction after a 245% surge and a break above the $4000 resistance level. The analyst views this pullback as a retest of the breakout area rather than a sign of a trend reversal.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.