Daily Crypto & Economic Pulse – April 20, 2025
Today’s economic and political developments are influencing crypto markets, with key updates for traders and investors:
1. U.S. Dollar Weakness: The DXY index drops to a 3-month low as Fed rate cut expectations grow, boosting risk assets like crypto.
2. EU Regulatory Shift: New MiCA guidelines for stablecoins take effect today, increasing compliance pressure but improving long-term market stability.
Crypto Highlights:
* WIF(dogwifhat): Up123.65 as next resistance.
* MEME (Memecoin): Whales accumulate ahead of its new staking rewards launch next week.
* BONK: Trading volume spikes 40% amid rumors of a major CEX listing.
Outlook: Meme coins with strong use cases (MEME) and ecosystemties (MEME) and ecosystemties(WIF, $BONK) could outperform if macro conditions stay favorable. Watch Fed speeches and BTC ETF flows for direction.