FameEX Morning Crypto News Recap | July 1, 2025
2025-07-01 04:40:40Trump Plans Meeting with Trade Team to Set National Tariff Rates
Levitt, White House Press Secretary, stated Trump will meet with the trade team this week to establish national tariff rates.
Bitcoin Surges to $108,000, Fueled by Trump’s Tax Cut Plan
On June 30, Bitcoin surged near $108,000, spurred by the Senate's progress on Trump’s $4.5 trillion tax cut proposal. A critical vote is set for 9 AM Eastern today, with Republicans aiming to finalize the bill before July 4.
Strategy Purchases 4,980 Bitcoins for $531.9 Million in Just One Week
Strategy bought 4,980 bitcoins between June 23 and June 29 for $531.9 million, averaging $106,801 per bitcoin.
Analyst Reports Significant Increase in Ethereum Holdings Among Long-Term Holders in June
CryptoQuant analyst sunmoon highlighted that during Ethereum's consolidation phase in June, long-term holders increased their purchases substantially. This accumulation demonstrated a distinct divergence, suggesting a strong, sustained buying pattern by long-term holders.
BTC Spot ETF Records $2.2 Billion Net Inflow This Week, Driven by Strong Institutional Demand
QCP analysis shows BTC spot ETF recorded a $2.2 billion net inflow this week, fueled by strong institutional buying. Leveraged long positions are increasing as the perpetual contract funding rate turns positive. However, the options market sentiment remains cautious, with volatility approaching historically low levels.
Goldman Sachs: Four Key Indicators Point to Fed’s Increasing Likelihood of Rate Cuts
Goldman Sachs' report identifies four key factors influencing the Federal Reserve's stance: a shift in policy, decreased trade policy uncertainty, signs of a labor market slowdown, and market expectations of leadership changes. These factors collectively point to an increased likelihood of interest rate cuts in the near future.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.