FameEX Morning Crypto News Recap | August 4, 2025
2025-08-04 05:17:43Trump’s Extra Tariffs on Various Countries Now Essentially Settled
U.S. Trade Representative Lighthizer stated that President Trump’s newly announced tariffs on multiple countries have been essentially finalized and will remain unchanged during ongoing negotiations. He explained that the tariff rates are largely fixed and determined based on each country’s trade surplus or deficit with the United States.
Trump Removes Labor Statistics Bureau Director Due to Poor Non-Farm Report
White House adviser Hassett dismissed a weak jobs report, calling the economy 'smooth sailing.' President Trump replaced labor statistics director Erika McEntarfer due to disappointing non-farm data, with William Wiatrowski named acting director of the Bureau of Labor Statistics.
Bitcoin Price Declines as Macro Factors Weigh In, Institutions Boost Holdings by Over 30,000 BTC
CryptoQuant analyst Axel Adler Jr highlighted that weaker-than-expected non-farm employment data, policy divergences from the Federal Reserve, and tariff tensions have triggered a global risk-off sentiment. This caused poor performance in the S&P 500 and Nasdaq, along with a drop in U.S. Treasury yields and an influx of funds into gold. Bitcoin price retreated from $119,800 to $112,000, with short-term bullish momentum weakening and on-chain activity declining. Despite this, market accumulation continues, with strategies and institutions increasing holdings by over 30,000 BTC. The options market's Max Pain stabilizing at $118,000.
Ethereum's Contract Coin-Positioning Declines 11.4%
As of August 3, Coinglass data indicated Ethereum contract coin-positioning stood at 13.7473 million ETH, reflecting an 11.4% drop from the peak of 15.2971 million ETH reached on July 29.
August 1's $922.2 Million in Long Liquidations Sets New 2025 High
August 1 witnessed $922M in long liquidations - the largest single-day unwind since February 25. Historical patterns suggest caution, as February's similar liquidation event preceded a prolonged 10-week market downturn.
BTC Price Swings May Trigger Liquidations of Long and Short Positions
Coinglass data suggests that if BTC falls below $108,399, long liquidations on major CEX will reach $1.804 billion. If BTC exceeds $118,812, short liquidations could total $1.387 billion on exchanges.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.