According to Eleanor Terrett, Governor Chris Waller announced at the Federal Reserve Payments Innovation Conference that the Fed is proposing a limited-access master account, termed a skinny master account, to provide all legally eligible institutions direct access to the Fed’s payments rails without relying on partner banks; source: Eleanor Terrett, X, Oct 21, 2025. According to Eleanor Terrett, the skinny master account would not include services available to full master accounts such as borrowing from the Fed, and it would not change existing legal eligibility rules; source: Eleanor Terrett, X, Oct 21, 2025. According to Eleanor Terrett, the framework would allow the Fed to green-light innovative banks including fintechs, stablecoin issuers, and other payments companies for this limited-access account; source: Eleanor Terrett, X, Oct 21, 2025. According to Eleanor Terrett, firms specifically highlighted as beneficiaries include Custodia Bank and Kraken, with potential expedited access for Ripple (XRP) and Anchorage, all of which have sought master accounts or applied this year; source: Eleanor Terrett, X, Oct 21, 2025.

According to the source, former President Donald Trump confirmed a planned Oct 31 meeting with China’s President Xi Jinping, which the source frames as potentially supportive for crypto risk appetite (source). The source reports renewed U.S. banking stress and quotes Strike’s CEO stating Bitcoin “smells trouble,” adding that a Federal Reserve response could propel BTC higher (source). The source cites BitMine chair Tom Lee claiming Ethereum could flip Bitcoin, drawing a parallel to gold’s post-1971 underperformance versus financial assets (source). According to the source, Ripple is launching a $1 billion fundraise to buy XRP for a new digital asset treasury, implying direct market demand for XRP if executed (source). The source adds that 95% of corporate ETH accumulation occurred in Q3, with public companies reportedly adding $19.3 billion worth, signaling aggressive institutional allocation (source). The source also references analyst Crypto Gucci asserting that Ethereum faces three concurrent active supply vacuums, highlighting a bullish supply setup for ETH (source). For traders, the source highlights monitoring BTC’s reaction to banking headlines and any Fed policy shifts, ETH flows tied to corporate accumulation and supply constraints, and XRP liquidity around potential treasury purchases (source).

According to @CNBC, Jefferies chief market strategist David Zervos warned that ‘spectacular’ AI growth is creating a serious labor market problem for the Federal Reserve (source: CNBC). The report frames AI-driven dynamics as a policy challenge for the Fed’s employment mandate, but the provided excerpt includes no additional data or timing details (source: CNBC). The source excerpt does not mention cryptocurrency market implications (source: CNBC).

According to @ReutersBiz, the Federal Reserve chief issued a semi-warning about elevated U.S. stock market valuations as traders enter the final quarter, highlighting top business and finance stories to watch this week (source: Reuters Business). Given the documented rise in correlation between cryptocurrencies and equities since 2020, Fed signals on valuations can transmit to Bitcoin (BTC) and Ethereum (ETH) through risk sentiment and liquidity channels, affecting near-term volatility and trading conditions (source: International Monetary Fund, Crypto Prices Move with Stocks, 2022; Bank for International Settlements, Quarterly Review 2022).

According to the source, Bitcoin (BTC) was little changed around the U.S. data release, with price action staying within a tight intraday range on major spot venues (CoinMarketCap; TradingView). U.S. core PCE inflation held at 2.9% year over year in August 2025, indicating stable underlying price pressures (U.S. Bureau of Economic Analysis). Core PCE is the Federal Reserve’s preferred inflation gauge used to assess progress toward the 2% target, a key input for risk-asset pricing in crypto markets (Federal Reserve Board).

According to the source, Bitcoin BTC hovered above 111,000 dollars as traders waited for U.S. inflation data that could influence the Federal Reserve’s next interest rate decision. Source: X post dated Sep 25, 2025. The Consumer Price Index release from the U.S. Bureau of Labor Statistics is a key inflation gauge referenced by the FOMC in policy assessments, making it a critical catalyst for risk assets including BTC. Source: U.S. Bureau of Labor Statistics; Federal Reserve FOMC statement. Into and after the print, market-implied policy probabilities can be tracked via the CME FedWatch Tool to gauge rate hike or cut expectations that often drive BTC volatility. Source: CME Group. For positioning, traders commonly monitor the U.S. Dollar Index and the U.S. 2-year Treasury yield for macro risk cues around the data window. Source: ICE Data Indices for DXY; U.S. Department of the Treasury.

According to @business, US stocks extended declines on Thursday as investors awaited an inflation report that may shape Federal Reserve policy, highlighting CPI as the next key macro catalyst; source: @business. The same CPI and Fed policy headlines flagged by @business are closely tracked by crypto traders for potential cross-asset volatility that can impact BTC and ETH liquidity and pricing around the release; source: @business.

According to @ReutersBiz, the S&P 500 and Nasdaq set intraday record highs and Wall Street closed higher as investors positioned ahead of the Federal Reserve’s crucial policy meeting, signaling a risk-on backdrop into the FOMC; Source: Reuters Business. For crypto traders, the equity strength into the Fed event highlighted by Reuters Business underscores macro sensitivity, so monitor BTC and ETH for potential cross-asset volatility around the rate decision and guidance timeline noted by Reuters Business; Source: Reuters Business.

According to @StockMKTNewz, it is ‘Jerome Powell week,’ signaling that traders are focused on Federal Reserve Chair Jerome Powell’s activities and communications this week. According to @StockMKTNewz, the post serves as a timely heads-up for market participants to monitor Fed-related headlines and policy cues in the days ahead. According to @StockMKTNewz, no additional details were provided in the post, emphasizing a general awareness signal rather than a specific event or time.

According to @rovercrc, next week’s FOMC could feature a rate cut alongside fresh economic projections and the Fed’s dot plot, which would clarify how many policy cuts officials see this year and beyond. Source: @rovercrc on X, Sep 14, 2025. The Federal Reserve releases the Summary of Economic Projections and the dot plot at projection meetings to show participants’ expected paths for the federal funds rate, growth, unemployment, and inflation. Source: Board of Governors of the Federal Reserve System, Summary of Economic Projections. For trading, focus on the dot plot median for the current and next two years, the longer-run rate, and updates to core PCE inflation projections, as these drive rate-path repricing that can swing BTC and ETH via funding costs and liquidity conditions. Source: Board of Governors of the Federal Reserve System, Summary of Economic Projections; Board of Governors of the Federal Reserve System, Financial Stability Report. Traders commonly gauge rate-cut odds using the CME FedWatch Tool and adjust positioning around the FOMC statement and the Chair’s press conference, with crypto markets reacting to shifts in yields and the US dollar after policy surprises. Source: CME Group FedWatch Tool; Board of Governors of the Federal Reserve System communications. Event risk typically lifts implied volatility into FOMC weeks across futures and options, warranting careful position sizing and hedging. Source: CME Group derivatives market education.

According to @rovercrc, Fed Chair Jerome Powell has confirmed rate cuts, and the trader projects Bitcoin to $150,000 and Ethereum to $10,000 based on an X post dated Sep 11, 2025. source: @rovercrc on X. The post provides no official Federal Reserve documentation, so treat this as unverified until corroborated by an FOMC statement, Fed press release, or congressional testimony transcript. source: Board of Governors of the Federal Reserve. For trading, monitor CME FedWatch rate-cut probabilities, U.S. 2y and 10y Treasury yields, the U.S. Dollar Index (DXY), and BTC/ETH perpetual funding and open interest to confirm a dovish repricing before taking directional risk. source: CME Group; U.S. Department of the Treasury; ICE U.S. Dollar Index; Coinglass.

According to @MilkRoadDaily, August jobs data was weak, a macro backdrop that they say is supportive for crypto as markets price in easier liquidity; source: @MilkRoadDaily. @MilkRoadDaily indicates a September Fed rate cut is now almost certain, which they cite as a near-term tailwind for BTC and ETH; source: @MilkRoadDaily. @MilkRoadDaily also notes that traditional finance rails may soon offer direct spot trading for BTC and ETH, a potential catalyst for increased fiat on-ramps and order flow; source: @MilkRoadDaily.

According to @GreeksLive, the September 1–7 calendar features numerous macroeconomic events, with Friday’s U.S. nonfarm payrolls and unemployment rate flagged as particularly significant, source: @GreeksLive, Sep 1, 2025. @GreeksLive also notes that the Federal Reserve’s actions this month will exert substantial impact, underscoring the relevance of this week’s data for market participants, source: @GreeksLive, Sep 1, 2025.

According to André Dragosch, in an X post on Aug 30, 2025, he states that when Bitcoin wins, Treasuries will fade, local currencies will fade, the Federal Reserve loses control, and the money printer runs out of toner. Source: André Dragosch on X, Aug 30, 2025. This positions a trading view that is bullish BTC and bearish on U.S. Treasuries and fiat currencies, implying relative outperformance of BTC versus duration and the U.S. dollar in a regime of declining confidence in sovereign debt and monetary policy. Source: André Dragosch on X, Aug 30, 2025.

According to @rovercrc, since 2023 the U.S. Treasury has favored issuing short-term Treasury bills over longer-dated bonds, a tilt he characterizes as 'stealth QE' that injects hidden liquidity and offsets Federal Reserve tightening, creating a bullish backdrop for Bitcoin (BTC) and other risk assets (source: @rovercrc, Aug 29, 2025). He contends that continued high T-bill issuance relative to long bonds supports near-term liquidity conditions that could favor upside momentum in BTC if the trend persists (source: @rovercrc).

According to @bobbyong, the run-up to the September 17 FOMC meeting is likely to see heightened crypto market volatility (source: @bobbyong). According to @bobbyong, deeper declines before September 17 could position the market for a stronger upside reaction if the Federal Reserve delivers a rate cut on that date (source: @bobbyong). According to @bobbyong, if the Fed does not cut rates on September 17, he expects materially further downside in crypto prices (source: @bobbyong). According to @bobbyong, the Fed decision is the key near-term trading catalyst for crypto, including majors like BTC and ETH, with path-dependent outcomes based on pre-decision price action (source: @bobbyong).

According to @Andre_Dragosch, Jerome Powell could leave in May next year, and the incoming Fed chair would be pressured not to raise rates into 5%+ inflation, implying deeply negative real rates, source: @Andre_Dragosch on X, Aug 25, 2025. According to @Andre_Dragosch, such a macro backdrop makes it hard to be bearish on BTC, positioning negative real yields as a key bullish catalyst for Bitcoin, source: @Andre_Dragosch on X, Aug 25, 2025.

According to @rovercrc, Polymarket traders are pricing a 70% probability of a September US Federal Reserve rate cut, indicating strong market expectations for policy easing. Source: @rovercrc. Traders may monitor this 70% odds level as a macro input when sizing BTC and ETH exposure into September policy risk. Source: @rovercrc.

According to @MilkRoadDaily, the latest U.S. Producer Price Index came in well above expectations, highlighting persistent inflation and a tougher backdrop for a broad altcoin season, source: @MilkRoadDaily on X dated Aug 15, 2025. PPI is an official inflation gauge published by the U.S. Bureau of Labor Statistics and stronger readings tend to reinforce restrictive policy expectations that pressure liquidity-sensitive crypto assets like BTC and ETH, source: U.S. Bureau of Labor Statistics and Federal Reserve. Traders focused on crypto risk-on rotation can prioritize tracking BTC dominance, spot liquidity, and the next BLS inflation releases for disinflation signals before shifting into higher beta altcoins, source: @MilkRoadDaily and U.S. Bureau of Labor Statistics.

According to @EleanorTerrett, a banking lawyer said the Federal Reserve's Novel Activities Supervision Program was a major catalyst for Operation Chokepoint 2.0 (source: @EleanorTerrett on X, Aug 15, 2025). According to @EleanorTerrett, the Fed has not yet rescinded all anti-crypto guidance from the Biden era (source: @EleanorTerrett on X, Aug 15, 2025). Based on @EleanorTerrett's report, this signals ongoing regulatory pressure on U.S. bank-crypto activities, a headline risk traders track for effects on crypto market liquidity and access (source: @EleanorTerrett on X, Aug 15, 2025). Traders should monitor any Federal Reserve guidance changes as potential catalysts for U.S. crypto market conditions (source: @EleanorTerrett on X, Aug 15, 2025).