Daily News | BTC Rose After the Pin, Analysis Shows That the Fed Will Resume Raising Interest Rates

Crypto Daily Digest: Analysis shows that the Fed may resume raising interest rates, and WLFI launched BTC and ETH related funds

According to Farside Investors data, yesterday, the U.S. Bitcoin spot ETF had a net outflow of $251 million, of which Grayscale BTC had a net inflow of $16.3 million and Ark ARKB had a net outflow of $97 million; the U.S. Ethereum spot ETF had a net outflow of $40.9 million, Grayscale ETHE had a net outflow of $30.2 million, and BlackRock IBIT had no inflow or outflow of funds.

Viewpoint: The possibility of the Fed resuming interest rate hikes cannot be ruled out

Skyler Weinand, an analyst at Regan Capital, said a stronger-than-expected CPI report in January could prompt the Fed to press the pause button on rate cuts for the rest of the year. He said, “The Fed can only wait and see for now and hope that economic indicators change to show more progress on inflation.” “If consumer prices or inflation expectations rise further, the Fed’s next move will likely be to raise short-term interest rates.” Weinand also said that the “extreme uncertainty” surrounding U.S. President Trump’s fiscal policies and how they will affect consumer prices is causing “extreme anxiety” for the Fed and making it more difficult for policymakers to cut interest rates in the short term.

The US SEC may approve Grayscale’s XRP spot ETF application in the near future

Fox Business News reporter Eleanor Terrett wrote on the X platform that according to this very useful table provided by Bloomberg ETF analysts James Seyffart and Eric Balchunas, we can see that if the U.S. Securities and Exchange Commission (SEC) does choose to recognize/recognize, it may recognize Grayscale’s XRP spot ETF application as early as Thursday (February 13). The U.S. SEC usually has about 15 days to recognize a 19b-4 application, and Grayscale submitted the conversion application on January 30.

WLFI launched “macro strategy” fund targeting Bitcoin, Ethereum and other cryptocurrencies

U.S. President Donald Trump’s blockchain platform has launched a strategic reserve fund to support the growth of some of the largest cryptocurrencies. Decentralized finance platform World Liberty Financial (WLFI) has unveiled a “macro strategy” fund that aims to support Bitcoin, Ethereum, and other cryptocurrencies that are “at the forefront of reshaping global finance.”

Market Trends: Bitcoin rose after the pin, Pump.fun trading volume plummeted

Market Hotspots

BSC ecosystem tokens surged across the board, with BNB up 11.78% in 24 hours; BAKE up 89.21% in 24 hours; BSW up 60.86% in 24 hours; THE up 51.94% in 24 hours;

Pump.fun’s average daily trading volume plummeted 82% to $560 million, the lowest level since Christmas. Compared with the highest daily volume of $3.13 billion three weeks ago, it dropped 82%.

Mainstream Coins

Impacted by the latest CPI data from the United States, BTC once plunged below $95,000 during the session, but then fluctuated higher and broke through $98,000 during the session. From the perspective of the market, BTC remained in a volatile range, and market sentiment remained in a wait-and-see state;

ETH still follows the trend of the market. After falling below $2,600, it rebounded and broke through $2,700;

Altcoins are experiencing a general rise, and AI Agents and DeFAI, which performed strongly yesterday, are still rising. In general, Altcoins are still following the trend of the market, and all rise together.

Macro News: Only the Nasdaq closed higher in the US stock market, and the CPI data was higher than market expectations

The three major U.S. stock indexes closed with mixed gains and losses, with the Nasdaq up 0.03%, the S&P 500 down 0.27% and the Dow down 0.5%.

On February 12, local time, the U.S. Bureau of Labor Statistics released data showing that the U.S. Consumer Price Index (CPI) in January increased by 0.5% month-on-month and 3% year-on-year before seasonal adjustment, higher than the market expectation of 2.9%. In the same month, excluding the volatile food and energy prices, the core CPI increased by 0.4% month-on-month and 3.3% year-on-year before seasonal adjustment, higher than the market expectation of 3.1%.

Fed Chairman Powell said that appropriate and prudent adjustments will be made to the Fed’s framework. Fed Chairman Powell said that in hindsight, tightening policy earlier would have been a good move, but he was not sure how much difference it would have made if he had acted earlier.