Share this article

Fed 'Absolutely Prepared' to Step Into Markets: Boston Fed President Collins

Bitcoin and U.S. stocks added to earlier gains following Collins' comments in an interview with the FT.

Updated Apr 11, 2025, 6:01 p.m. Published Apr 11, 2025, 5:53 p.m.
Circle Internet Financial has asked the Federal Reserve to hold off on issuing a digital dollar. (Lance Nelson/Getty Images)
The U.S. Fed stands ready to assist (Lance Nelson/Getty Images)

What to know:

  • "We would absolutely be prepared" to address difficult market conditions if needed, said Boston Fed President Susan Collins in an FT interview.
  • Currently, said Collins, markets continue to function well and the central bank is not seeing liquidity concerns.
  • Bitcoin pushed to just shy of $84,000, up 6% over the past 24 hours, while the Nasdaq and S&P 500 extended their Friday advance to nearly 2%.

More For You

KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market

16:9 Image

KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.

What to know:

  • KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
  • This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
  • Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
  • Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
  • Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.

More For You

Filecoin declines as crypto markets retreat

"Filecoin price chart showing a 0.8% increase to $1.557 with volume spike fading amid overall crypto market consolidation."

FIL has support at the $1.52 level and resistance in the $1.59-$1.60 zone.

What to know:

  • FIL slipped 3.6% to $1.54.
  • The CoinDesk 20 index was 3.6% lower at publication time.