FameEX Morning Crypto News Recap | June 24, 2025
2025-06-24 03:56:14Ceasefire Reached Between Israel and Iran, Ending 12 Days of Fighting, Crypto Market Surges
President Donald Trump announced Israel and Iran's ceasefire agreement, effective in 6 hours. After current military operations conclude, a 12-hour ceasefire will follow, officially ending the 12-day conflict. Both sides have agreed to maintain peace and restraint throughout the ceasefire period.
Goolsbee of the Fed: Tariffs Don't Drive Inflation or Prompt Rate Reductions
Fed's Goolsbee noted that since Trump’s April 2 tariffs, inflation has remained low, which could give the Fed room to reconsider rate cuts.
Dollar Hits Near One-Month High Amid Geopolitical Uncertainty
The dollar hit a near one-month high following U.S. strikes on Iran, driving demand for safe-haven assets. Investors are concerned that rising oil prices could worsen inflation, limiting the Federal Reserve's ability to lower interest rates and impacting overall economic stability.
Morgan Stanley Analyst: Geopolitical Sell-Offs Usually Don't Last Long
Morgan Stanley strategist Wilson highlighted that, despite the U.S. strikes on Iranian nuclear facilities, sell-offs triggered by geopolitical events generally tend to be short-lived.
Nearly 75% of Young Investors Prefer Bitcoin to Gold, Survey Finds
DeVere Group's June 23 survey found that 73% of investors aged 24-45 prefer Bitcoin over gold as a long-term investment, with 730 clients worldwide taking part in the survey.
Analyst Warns Bitcoin Long-Term Holders Not Selling, Could Signal Market Movement
CryptoQuant analyst @avocado_onchain highlighted that Bitcoin long-term holders are not selling, suggesting a potential market movement. Historically, Bitcoin surges have occurred after periods of market silence.
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