FameEX Morning Crypto News Recap | June 25, 2025
2025-06-25 03:51:27Trump Urges Powell to Cut Interest Rates by 2-3 Percentage Points
President Trump, via Truth Social, criticized Fed Chair Powell for not cutting interest rates, noting Europe has reduced rates 10 times. Trump argued that with low inflation and strong economic growth, the U.S. should cut rates by 2–3 percentage points, potentially saving $800 billion annually.
Trump Administration Set to Announce Trade Deals Around July 4th
White House economic adviser Hassett announced the Trump administration plans to unveil several trade agreements around July 4th.
Fed Chair Powell Says Federal Reserve Lacks Authority to Buy Bitcoin
On June 25, Fed Chair Powell said the Federal Reserve neither has nor seeks legal authority to purchase Bitcoin.
Federal Reserve: Banks Can Engage with Crypto Firms
On June 24, Fed Chair Powell stated banks may offer services to the cryptocurrency industry, as long as they maintain the safety and soundness of the financial system.
Iran-Israel Peace Deal Sends Crypto into Turbulent Phase
On June 24, Greeks.Live reported that the Iran-Israel ceasefire triggered turbulence in the cryptocurrency market. Traders are now focused on end-of-month options activity, with particular attention on strategies involving $100,000 put options.
Bitcoin Long-Term Holder Activity Hits Low as Supply Nears Record High
Glassnode's latest report reveals long-term Bitcoin holder spending has dropped to its lowest level since June 10. Meanwhile, long-term holder supply is nearing a historical peak, reaching approximately 14.7 million BTC.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.