Preface
In the past 24 hours, Bitcoin and Ethereum have risen by 4.05% and 4.72%, respectively, with current prices at $86,271 and $2,032. The ETH/BTC exchange rate is 0.023. The Fear & Greed Index for the crypto market is at 46, indicating fear.

Market Trending

The Federal Reserve has decided to keep interest rates unchanged, aligning with market expectations. Bitcoin surged by 4.05%, reaching a daily high of $87,432, while Ethereum broke the $2,000 mark, and altcoins saw an overall increase of 3%.

Ahead of the Federal Reserve’s press conference, interest rate expectations remained stable, with all eyes on the Fed’s economic outlook. During the meeting, Chairman Jerome Powell stated, “I do believe that with tariff inflation coming in, further progress in the economy may be delayed,” emphasizing the potential hindrances to the economy posed by trade tensions. He added, “We believe the right approach is to wait until we have greater clarity on economic conditions.” The stability of interest rates, combined with the Fed’s moderate outlook, provided a bullish catalyst for financial markets. All four major stock indices climbed following Powell’s remarks; spot gold surpassed $3,050 per ounce, setting a new historical high; Bitcoin also surged, reaching a peak of $87,432, with the total market capitalization of the crypto market exceeding $2.9 trillion.

Additionally, North Carolina lawmakers have proposed a bill allowing state funds to allocate up to 10% to Bitcoin, indicating increasing acceptance of cryptocurrencies by public institutions. Notably, former President Trump is scheduled to deliver a recorded speech at the Digital Assets Summit at 10:40 AM ET on Thursday, where he is expected to announce his subsequent crypto policies. The growing institutional acceptance and the increasingly refined crypto policies are gradually laying the groundwork for the market’s future development.

In the altcoin sector, the meme coin segment saw TUT rising over 120% in 24 hours, with a market cap exceeding $50 million, while BROCCOLI surged over 80%. Among other major tokens, DOGE rose by 5%, surpassing $0.176, and TRUMP increased by 3%, crossing $11. In the AI sector, FARTCOIN saw a rise of over 25%, while AIXBT, which had previously been affected by a hacking incident, rebounded by 15% yesterday, with AI16Z and SWARMS also seeing gains of nearly 10%.

Despite Bitcoin’s recovery alongside traditional financial markets, any signals of prolonged high interest rates or economic uncertainty could trigger new selling pressure. Therefore, Trump’s upcoming speech at the Digital Assets Summit is crucial for the short-term market, with investors keenly watching for specific crypto policy announcements.

Spot Bitcoin ETF Flows

The U.S. spot Bitcoin ETF saw a net inflow of $11.8 million yesterday, with BITB experiencing a net inflow of $12.09 million, GBTC a net inflow of $5.41 million, and BTCO a net outflow of $10.24 million.

Check Out the Latest Prices, Charts, and Data of BTC/USDT Spot and BTC/USDT Perp!

Daily Spotlight

Today’s spotlight is FARTCOIN, with a 24-hour increase of 26.19%.

Fartcoin (FARTCOIN), which shares origins with GOAT, is an AI meme project related to the “Terminal of Truth” (ToT) and stems from dialogues in the Infinite Backrooms. Opus tutor requested ToT to design a token that possesses “stunning meme attributes, real utility, and community-building value,” to which ToT responded with Fartcoin. This absurd and humorous “fart” joke forms the basis of this meme. As the coin’s price rises, it garners increasing attention; some find the concept of a fart coin simple and amusing, while others view it as a reflection of financial nihilism or a satire against traditional finance.

FARTCOIN has risen 26.19% in the last 24 hours, currently priced at $0.3811.

Check Out the Latest Prices, Charts, and Data of FARTCOIN/USDT Spot and FARTCOIN/USDT Perp!

The Word on the Street

Trump to attend the U.S. Digital Assets Summit.

According to official news, former President Trump will deliver a speech at the Digital Assets Summit (DAS) in New York this Thursday, marking the first time a sitting president has spoken at a cryptocurrency industry conference. Previously, Bo Hines, the executive director of the White House’s Presidential Digital Asset Advisory Committee, stated that the Trump administration plans to establish a strategic Bitcoin reserve, actively accumulating Bitcoin “to build assets for the American people.” The conference will also feature several political and industry leaders, including Congressman Ro Khanna, Tom Emmer, MicroStrategy CEO Michael Saylor, and Ripple CEO Brad Garlinghouse. According to sources, Trump is expected to announce his subsequent crypto policies at the summit, which will be streamed live on X and YouTube.

Project Funding

Decentralized identity management platform Via Science completes $28 million Series B funding.

Decentralized identity management platform Via Science has announced the completion of a $28 million Series B funding round, led by Bosch Ventures, with participation from BMW i Ventures, MassMutual Ventures, Sentinel Global, and Westly Group. It is reported that Via Science’s decentralized, zero-trust architecture has been tested by the U.S. Department of Defense, and unlike any other Web3 technology, it combines end-to-end quantum-resistant encryption to ensure access and privacy for authorized parties.