: Federal Reserve Chair Jerome Powell indicated that the Fed was in no rush to be the first to release a Central Bank Digital Currency (CBDC), estimating it would take "years rather than months".
: FinCEN extended the comment period for a controversial proposed rule regarding self-hosted crypto wallets, providing a temporary reprieve for decentralized projects concerned about privacy requirements.
: The market was weighing President Biden's proposed $1.9 trillion stimulus package , which initially failed to spark a fresh rally as a rising U.S. dollar pressured Bitcoin bulls. Altcoin Performance (Jan 25, 2021) 24h Change Ethereum (ETH) Polkadot (DOT) Cardano (ADA) Dogecoin (DOGE)