Former President Trump is set to nominate pro-crypto Michael Selig as CFTC Chairman.
As expectations of a Federal Reserve rate cut soar, how will the Bitcoin market react?
Warning of a major Bitcoin correction!
DEX trading volume hit a new record of over $1 trillion in October.
Tether’s stablecoin business is expected to remain profitable this year.
Let’s analyze the news on the global economy and cryptocurrencies and consider economic trends together! Saturday, October 25th, we will discuss today’s cryptocurrency news and on-chain market conditions.
This program brings you the latest news to help you with your asset formation. Let’s take a look at 24-hour data headlines from the cryptocurrency market.
First, we’d like to draw your attention to reports that former President Trump plans to nominate pro-crypto Michael Selig as the next Chairman of the U.S. Commodity Futures Trading Commission (CFTC).
This is a very interesting development. This is because Selig is considered to be one of the most understanding members of the U.S. Securities and Exchange Commission (SEC) regarding cryptocurrencies, and many are hoping for deregulation and market revitalization.
The background to this is the cryptocurrency industry’s long-standing demand for a clear and rational regulatory environment. While stricter regulations have stagnated the market in the past, his appointment could be a tailwind for the industry.
This appointment is also attracting political attention, and market participants are closely monitoring future regulatory policies and their impact on the market.
Next, with the U.S. Consumer Price Index (CPI) remaining lower than expected at 3%, expectations for a Federal Reserve interest rate cut have soared, with the probability of such a cut rising to 97%. This is extremely positive for risk assets such as Bitcoin.
This is because interest rate cuts lower the cost of funds, making it easier for investment capital to flow in. Bitcoin, in particular, has been repeatedly linked to monetary policy. Past examples of Bitcoin prices rising significantly during interest rate cuts have led to a growing bullish mood in the market.
However, BitMine Chairman Tom Lee warned, “Despite the ETF-related excitement, Bitcoin faces the risk of a significant 50% correction following its rise from $200,000 to $250,000.”
This indicates concerns about increased volatility due to market overheating and short-term profit-taking, and should serve as a warning to investors. In other words, while the market as a whole is bullish, cautious voices remain strong in some quarters.
Furthermore, regarding trading volume on decentralized exchanges (DEXs), a platform called “Hyperliquid” is leading the way, with perpetual futures trading (Perp Trading) volume surpassing $1 trillion in October 2025. This is an all-time high and symbolizes the growth of the DEX market and the expansion of its user base.
DEXs are popular among many traders because they offer high transparency and security, as they allow transactions without a central administrator. This record trading volume demonstrates the rapidly growing interest and willingness of market participants to use decentralized finance.
Finally, Tether’s stablecoin business is expected to achieve record revenues again in 2024. USDT is the most widely used stablecoin worldwide, favored by many exchanges and investors for its stability and liquidity.
Its high profitability also contributes to the credibility of the industry as a whole, and it will likely continue to play an important role in the cryptocurrency market.
I’ve introduced five key points so far. This development has three major implications.
First, there is a clear improvement in investor sentiment due to the possibility of an improved market regulatory environment, particularly with expectations of regulatory easing following Selig’s appointment.
Second, the sharp increase in the probability of a Fed interest rate cut has increased capital inflows into risk assets, energizing the overall market. This is directly related to Bitcoin.
Third, however, the risk of increased volatility and a correction still exists, requiring market participants to remain cautious rather than overly optimistic. This sense of balance will be important going forward.
That concludes today’s news. Our channel provides in-depth, expert coverage focused on valuable news in the cryptocurrency world. If you find this channel valuable, please share, follow, and turn on notifications.
See you tomorrow!
