2025/3/19 Cryptocurrency Market Hotspots Summary 🚨

Market Recovery, Federal Reserve FOMC Meeting Releases Positive News.

Mainstream Market 📈

1: #BTC The price finally broke through the box resistance level of $85,000, peaking at over $87,000, following the trends of the US stock market, and with favorable news from the Federal Reserve meeting, ETF inflows reached $11.8 million, maintaining a continuous net inflow for 4 days.

2: #ETH Ethereum was the first asset to make a move yesterday, as the market anticipated positive news before the meeting, with ETH price quickly breaking above $2,000, reaching as high as $2,069. However, ETFs still saw a net outflow of $11.7 million, marking a continuous net outflow for 11 days.

3: Altcoins XRP performed relatively strong, with some DEFI assets like UNI and PENDLE following Ethereum's strong performance to rebound, and BNB chain's TUT performed outstandingly with a market cap breaking a new high reaching $60M.

Hot Events 🔥

1: #币安投票上币 Binance launched the first phase of voting for new tokens, with a total of 9 tokens in the first round, selecting the top 2 by votes, voting time is 7 days.

2: The Federal Reserve maintained the benchmark interest rate, with the dot plot indicating two rate cuts in 2025, totaling a reduction of 50 basis points. Starting from April 1, it will slow the balance sheet reduction from $25 billion down to $5 billion.

3: Ripple's CEO announced the end of the case with the SEC, calling it a “historic victory” for Ripple and the cryptocurrency industry.

4: Putin will attend the Digital Asset Summit tomorrow and give a speech.

🚦From the Federal Reserve's stance, the market is expected to welcome some liquidity this year. Although there is no immediate halt to the balance sheet reduction or expansion of interest rate cuts, at least it acknowledges that tariffs have little impact on long-term inflation data. Now, we will see if a new narrative can emerge to lead a wave of major upward trends.