FameEX Morning Crypto News Recap | March 18, 2025

Trump Signs Executive Order to Create Sovereign Wealth Fund, Sparking Bitcoin Investment Speculation

President Trump signed an executive order directing the creation of a U.S. sovereign wealth fund within 12 months, managed by ex-Morgan Stanley banker Grimes. Funded mainly by tariffs, the move has sparked speculation in crypto circles that the fund could include Bitcoin investments, though no official plans have been confirmed.

U.S. Treasury Market Sees Record Trading Volume in February

In February, the U.S. Treasury market saw record trading volumes, averaging $1.068 trillion daily, a 16% year-on-year rise. This surge was driven by uncertainty over Trump’s tariffs and heightened expectations of a Federal Reserve rate cut, according to Crisil Coalition Greenwich data.

BTC Remains a Trusted Long-Term Store of Value

Noelle Acheson, author of Crypto Is Macro Now, affirms Bitcoin’s status as a long-term safe haven. Despite current risk-averse sentiment, macro portfolios reducing exposure, and limited capital inflows, she believes crypto investment will rebound once markets adjust to the evolving economic environment.

Paul Atkins Emerges as Potential SEC Chairman Ahead of March 27 Senate Hearing

President Trump nominated Paul Atkins as SEC chairman, with a Senate hearing scheduled for March 27 to assess his qualifications. Atkins, a former SEC commissioner (2002–2008) and corporate lawyer at Davis Polk & Wardwell LLP, is anticipated to take a more collaborative approach to regulating the cryptocurrency sector if confirmed.

Bitcoin Falls Four Mondays in a Row, Losing 30% Overall

Bitcoin has fallen for four straight Mondays, dropping 30% from its late January peak, according to Coinglass. In contrast, the S&P 500 fell 10%. Velo data reveals Monday and Thursday are typically the weakest weekdays for Bitcoin, while Sunday sees the worst average decline overall, with prices dropping around 1% on that day.

Bitwise Discusses Two Distinct Bitcoin Holder Groups

Bitwise CEO Hunter Horsley explained there are two types of Bitcoin holders: investors who measure their holdings in U.S. dollars, focusing on returns, and savers who treat Bitcoin as a long-term store of value, focusing on the amount of BTC they hold rather than its dollar value.

Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.