FameEX Morning Crypto News Recap | May 27, 2025
2025-05-27 03:12:22Trump Extends EU Tariff Talks Deadline to July 9
On May 25, President Trump announced he agreed to the EU’s request to extend tariff negotiation talks until July 9, describing the ongoing discussions with the European Union as “very pleasant.”
Trump-Linked Media Group to Raise $3 Billion for Crypto Push
Trump Media & Technology Group plans to raise $3 billion for cryptocurrency investments, including Bitcoin. The fundraising includes $2 billion in new equity and $1 billion through a convertible bond, according to sources familiar with the matter.
U.S. Bond Sales This Week May Shift Yield and Dollar Direction
Pepperstone analyst Chris Weston noted that 30-year U.S. Treasury yields have reached their highest since late 2023. Investors are watching upcoming auctions closely, as weak demand—especially from foreign buyers—could heighten U.S. debt concerns, push yields higher, and weaken the dollar.
Bitcoin Surges to $110K Following Trump’s Tariff Announcement
QCP Asia reports that Trump’s proposed 50% tariff on EU goods initially caused market volatility, but sentiment improved after its postponement to July 9. Bitcoin rebounded from $106,000 to $110,000, supported by continued ETF inflows, including 30 consecutive days of net inflows into BlackRock’s IBIT.
Analysis: BTC Still Has Room to Climb, No Peak Yet
Lookonchain analysis shows BTC hit a record high last week, but four key indicators suggest it hasn't peaked. The Rainbow Chart forecasts this cycle's top could surpass $200,000.
Citibank Hikes Gold Target to $3,500 Amid Tariff Escalation
Citibank raised its 0–3 month gold target to $3,500 per ounce amid rising tariffs, expecting prices to consolidate between $3,100 and $3,500 as trade tensions drive safe-haven demand.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.