FameEX Morning Crypto News Recap | July 1, 2025
2025-07-01 04:39:12Trump to Confer with Trade Team on Setting National Tariff Rates
White House Press Secretary Levitt announced that Trump will meet with the trade team this week to set tariff rates.
Bitcoin Price Soars to $108,000 After Trump's Tax Cut Proposal
On June 30, Bitcoin surged close to $108,000, driven by the Senate's progress on Trump's $4.5 trillion tax cut proposal. A crucial vote is scheduled for 9 AM Eastern Time today, with Republicans aiming to finalize the bill before July 4.
Strategy Acquires 4,980 Bitcoins in One Week for $531.9 Million
Strategy purchased 4,980 bitcoins from June 23 to June 29, spending $531.9 million at an average price of $106,801.
Ethereum Long-Term Holders Boost Holdings Significantly in June, Analyst Claims
CryptoQuant analyst sunmoon noted that during June's consolidation phase, Ethereum's long-term holders significantly increased their buying activity. The accumulation showed a clear divergence, signaling a strong accumulation trend among long-term holders.
BTC Spot ETF Nets $2.2 Billion Inflows This Week as Institutional Buying Surges
QCP analysis reveals that BTC spot ETF saw a $2.2 billion net inflow this week, driven by robust institutional buying. Leveraged long positions are rising as the perpetual contract funding rate turns positive. However, sentiment in the options market remains cautious, with volatility nearing historical lows.
Goldman Sachs Highlights Four Key Factors Behind Fed's Increasing Likelihood of Interest Rate Cuts
Goldman Sachs' report highlights four factors influencing the Federal Reserve's stance: a shift in policy, reduced uncertainty over trade policies, signs of a labor market slowdown, and market expectations of changes in Fed leadership. These elements suggest a growing likelihood of interest rate cuts in the near future.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.