FameEX Morning Crypto News Recap | June 24, 2025
2025-06-24 08:34:0212-Day War Concludes as Israel and Iran Reach Ceasefire Deal, Crypto Market Gains Momentum
U.S. President Donald Trump announced that Israel and Iran reached a ceasefire agreement, set to begin in 6 hours. After completing ongoing military operations, both sides will enter a 12-hour ceasefire, officially ending the 12-day conflict. Both parties will maintain peace and restraint during the ceasefire.
Fed's Goolsbee: Tariffs Have Not Caused Inflation or Led to Rate Cuts
Fed's Goolsbee stated that since Trump's April 2 tariffs, inflationary pressure has remained low, potentially allowing the Fed to reconsider rate cuts.
Geopolitical Tensions Push the Dollar to a Nearly One-Month High
The dollar reached its highest level in nearly a month due to U.S. strikes on Iran, which boosted demand for safe-haven assets. Investors worry that rising oil prices could worsen inflation and limit the Federal Reserve's ability to cut interest rates.
Morgan Stanley Strategist: Geopolitical Sell-Offs Are Typically Short-Lived
Morgan Stanley strategist Wilson noted that despite U.S. strikes on Iranian nuclear facilities making headlines, sell-offs caused by geopolitical events usually have a brief duration.
Survey: Almost 75% of Young Investors Favor Bitcoin Over Gold
DeVere Group's June 23 survey revealed that 73% of investors aged 24-45 consider Bitcoin a better long-term investment than gold, with 730 clients globally participating in the survey.
Analyst: Bitcoin Long-Term Holders Are Holding, Suggesting Potential Major Market Move
CryptoQuant analyst @avocado_onchain noted that Bitcoin long-term holders are not selling, indicating potential for a major market movement. Historically, Bitcoin surges follow periods of market silence.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.