Bitcoin climbs toward $60,000 after Fed Chair Warsh said inflation risks has come down

US President Trump announced that Micron Technology has invested $250 million in Trump's account.

According to BIT market data, the Dow Jones Industrial Average has hit a new intraday high and is now up 0.79%.

ARK CEO Cathie Wood has purchased over $75 million worth of Bitcoin related assets. （The Bitcoin Historian）

The size of the CeFi lending market in the fourth quarter of 2024 decreased by 6% month on month to $23.3 billion, marking the first contraction since the third quarter of 2024. Tether has a market share of 68%, while Nexo, Maple, and Coinbase have seen growth in their lending scale. Galaxy's lending scale has decreased by 21%, and Ledn's lending scale has decreased by 19%. （CryptoQuant）

The investment bank said new competition from the Stripe- and Coinbase-backed stablecoin consortium could pressure USDC's growth.