FameEX Morning Crypto News Recap | June 13, 2025

U.S. Customs Tax Revenue Hits Record $23B in May, Up $17B YoY

According to Treasury officials, U.S. customs revenue reached a record $23 billion in May, increasing $17 billion year-on-year and nearly quadrupling the previous annual growth rate.

U.S. Senate Majority Leader Urges Crypto to Be Embraced in Mainstream Markets

Senate Majority Leader John Thune noted the rising adoption of cryptocurrencies, including stablecoins, among Americans. He emphasized their growing role in the financial system and asserted that now is the time to integrate crypto into the mainstream economy.

Trump Calls for 2% Cut in Federal Interest Rates

President Trump has called for the Federal Reserve to cut interest rates by 200 basis points. At the same time, sources say a new renewable fuel quota proposal will be announced Friday.

Cooling U.S. CPI and Geopolitical Strife Drive Gold Higher

Gold prices rose on weaker CPI data and heightened Middle East tensions, breaking a key short-term level. If this support holds, further upside is possible. However, investors remain uncertain about the overall direction of the market.

Private Equity Gains Favor Among Two-Thirds of Family Offices

BNY Wealth reports that two-thirds of 282 global family offices with over $1 billion in assets plan to increase private equity investments. After the Bitcoin ETF launch and Trump’s crypto backing, 74% are exploring or investing in digital assets.

Tariff Uncertainty Puts Further Pressure on U.S. Dollar

The Ballinger Group cautioned that ongoing tariff uncertainty could push the dollar lower, which has already hit a three-year low against key currencies and a three-and-a-half-year low against the euro.

Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.​