FameEX Morning Crypto News Recap | July 25, 2025
2025-07-25 03:58:07Trump Sets 15% to 50% Tariffs on Most Countries
On July 23, President Trump announced tariffs between 15% and 50% on most countries. He noted ongoing negotiations with the EU, emphasizing that if the EU opens its market to U.S. companies, the U.S. would offer reduced tariffs in return.
Uncertainty Surrounding Federal Reserve Leadership Weighs on Dollar Performance
Bank of America strategist Alex Cohen highlighted that uncertainty regarding Federal Reserve leadership is significantly weakening the dollar’s performance. This uncertainty has impacted the dollar sooner than other assets and may serve as the main barrier preventing the dollar from recovering, hindering its potential for a rebound.
Ethereum Spot ETF Records $332.81 Million Net Inflow, BlackRock's Contribution Tops
On July 24, Trader T monitoring data showed that the Ethereum spot ETF had a net inflow of $332.81 million. The majority of the inflows came from BlackRock's ETHA, with $325.27 million. Fidelity's FETH and Van Eck's ETHV saw smaller inflows of $3.59 million and $3.95 million, respectively.
Bitmine's 566,776 ETH Valued Over $2 Billion
As of July 23, 2025, at 11:59 PM Eastern Time, Bitmine holds 566,776 ETH, worth over $2 billion, making it the largest ETH holder, surpassing SharpLink Gaming, which previously held the top position.
Over 400,000 Ethereum Purchased by New Wallets Combined
On July 24, Lookonchain reported that several newly created wallets had bought a total of 40,591 Ethereum, worth approximately $148 million. Additionally, 7 new wallets recently acquired 466,253 Ethereum, valued at around $1.7 billion, indicating strong demand from new market participants.
Galaxy Digital CEO Predicts Ethereum to Surpass Bitcoin in 3-6 Months
In a Squawk Box interview, Galaxy Digital CEO Michael Novogratz expressed his belief that Ethereum has the potential to outperform Bitcoin over the next 3-6 months.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.