FameEX Morning Crypto News Recap | June 10, 2025
2025-06-10 05:41:24Federal Reserve: High Uncertainty Remains in Medium-Term Inflation Expectations
On June 9, Federal Reserve spokesperson Nick Timiraos reported a surprise decline in the New York Fed's inflation expectations for May. The 3-year expectation dropped to 3% from 3.2%, and the 5-year expectation decreased to 2.6% from 2.7%, with medium-term inflation uncertainty remaining high.
Trump Has Not Yet Considered Discussions with Musk
President Trump mentioned he hasn't considered talks with Musk, implying that Musk might be the one seeking a discussion.
US-China Delegations Hold Trade Talks in London, Focusing on Export Controls
On June 9, US-China delegations arrived in London to negotiate a fragile trade truce. The discussions, following a call between Presidents Trump and Xi, primarily focused on export control issues, which have the potential to reignite tariff disputes between the two countries.
CryptoQuant: Bitcoin Spot Trading Volume on CEX Drops to 5-Year Low, Market Shifts into Holding Mode
On June 9, CryptoQuant analyst Axel Adler Jr reported that average spot trading volume on centralized exchanges has dropped to October 2020 levels. With limited cryptocurrency sales and reduced on-chain activity, the market appears to have entered a holding (HODL) phase, reflecting decreased trading and investor inactivity.
BlackRock's IBIT Holdings Exceed $70 Billion
BlackRock's IBIT ETF surpassed $70 billion in assets within 341 days, Bloomberg’s Eric Balchunas reported—five times faster than the previous record set by the SPDR Gold Trust (GLD).
Greeks.live: Market Downturn Fears Grip Crypto Community
Greeks.live reported mixed but slightly bearish market sentiment, with Bitcoin facing resistance near $106,000 last weekend. The crypto community is increasingly worried about downside risks and potential spillover effects from traditional market volatility influencing future cryptocurrency trends.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.