News/FameEX Morning Crypto News Recap | June 24, 2025

FameEX Morning Crypto News Recap | June 24, 2025

2025-06-24 08:34:02

12-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.

Other Articles in This Category

Morning Crypto News Recap June 24, 2025 | FameEX