FameEX Morning Crypto News Recap | June 25, 2025
2025-06-25 03:53:32Trump Repeats Call for Powell to Lower Interest Rates by 2-3%
President Trump, posting on Truth Social, criticized Fed Chair Powell for not lowering interest rates, pointing out that Europe has already done so 10 times. He argued that with low inflation and a strong economy, the U.S. should cut rates by 2–3 percentage points to save $800 billion annually.
Trump Team Plans July 4th Trade Deal Announcements
White House adviser Hassett said the Trump administration plans to announce multiple trade agreements around July 4th to boost economic momentum.
Powell: Federal Reserve Not Authorized to Purchase Bitcoin
On June 25, Fed Chair Powell confirmed the Federal Reserve lacks and does not intend to gain authority to buy Bitcoin.
Powell Says Banks Can Work with Crypto Industry
On June 24, Fed Chair Powell affirmed that banks can engage with the cryptocurrency industry, provided they uphold the financial system’s safety and soundness, ensuring responsible participation in digital asset-related services and businesses.
Iran-Israel Truce Sparks Turbulence in Crypto Markets
On June 24, Greeks.Live reported that the Iran-Israel ceasefire caused turbulence in the crypto market. Traders turned their attention to end-of-month options, especially $100,000 put strategies.
Minimal Movement from Long-Term Bitcoin Holders Amid Surging Supply
Glassnode reports long-term Bitcoin holder spending is at its lowest since June 10, while their supply nears a historic peak of 14.7 million BTC.
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