FameEX Morning Crypto News Recap | July 9, 2025
2025-07-09 06:52:4514 Countries Face Up to 40% Tariffs Under Trump’s New Threats
President Trump announced final tariffs on 14 countries in a July 8 letter, effective August 1. Rates vary by nation: Japan, South Korea, Kazakhstan, Malaysia, and Tunisia face 25%; South Africa and Bosnia 30%; Indonesia 32%; Bangladesh and Serbia 35%; Thailand and Cambodia 36%; Laos and Myanmar 40%.
Trump Expected to Send EU Tariff Letter in Next Two Days
President Trump said he may send a letter to the EU within two days outlining tariff rates on EU exports. Speaking at a White House meeting, he noted the EU has recently shown a friendly approach in trade talks.
Trump Denies Tariff Impact on Inflation, Presses Fed Chair for Rate Cuts
President Trump stated that new findings from the White House Council of Economic Advisers confirm tariffs do not contribute to inflation. He noted falling import prices as proof. Trump urged Fed Chair Jerome Powell to cut interest rates, accusing him of raising concerns over inflation that, according to the data, doesn’t exist.
Bitcoin’s Bullish Momentum Strong Despite Low Funding Rate, Analyst Notes
CryptoQuant’s Axel Adler Jr. says a 30-day percentile funding rate near 50% on major platforms often signals a local bottom, usually followed by market recovery and a rising price trend.
Bitcoin Miners’ On-Chain Transaction Share Falls to 3.3%, Lowest Since November 2022
Sentora revealed that Bitcoin miners now contribute only 3.3% to on-chain transaction volume—the lowest since November 2022. This decline suggests a shift in miner behavior, indicating reduced selling activity. Miners may be hoarding Bitcoin, expecting future price increases.
Analysts Forecast Bitcoin’s Bull Market Top in October 2025
Analysts suggest Bitcoin’s bull market could peak in October 2025. Traders Rekt Capital and Jelle agree and are already taking profits. However, CryptoCon believes the cycle will extend and finish by the end of 2025.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.