FameEX Morning Crypto News Recap | July 4, 2025

U.S. Treasury Secretary: Anticipates Numerous Trade Deals Before July 9

U.S. Treasury Secretary Yellen expects numerous trade agreements before July 9, with around 100 countries set to receive at least a 10% reciprocal tariff under the new arrangements.

U.S. Treasury Secretary: Fed Could Slash Interest Rates Sharply in September

U.S. Treasury Secretary Basant suggested that with real rates at elevated levels, the Federal Reserve may opt for a larger rate cut in September if it holds off this meeting.

IMF: Trump’s Tax Plan May Add $3.3 Trillion to U.S. Deficit

The International Monetary Fund (IMF) warns that Trump’s tax plan may hinder efforts to reduce fiscal deficits and national debt. IMF’s Julie Kozack noted the plan conflicts with long-term debt goals, while Congressional Budget Office data projects a $3.3 trillion increase in the deficit if the plan is implemented.

Bitcoin Holdings by Long-Term Investors Hit All-Time High of 14.7 Million

Glassnode analysis shows long-term holders—those keeping Bitcoin over 155 days—now possess a record 14.7 million BTC. Most BTC bought above $100,000 remains untouched, signaling strong market conviction and confidence among experienced investors despite high price levels.

Analyst Expects Major Bitcoin Volatility Over the Next 5 Weeks

Bitcoin volatility is at its lowest since 2023, according to analyst Jackis. This rare setup, seen only seven times before, typically leads to strong market moves. Major price fluctuations are expected within the next five weeks based on historical patterns.

IBIT Ranks as BlackRock’s 3rd Top-Earning ETF, Just $9B Behind No.1

Bloomberg analyst Eric Balchunas revealed that IBIT is now BlackRock’s 3rd highest-earning ETF, just $9 billion from the top among 1,197 funds—a remarkable feat for an ETF only 1.5 years old.

Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.