FameEX Morning Crypto News Recap | July 9, 2025
2025-07-09 06:51:45Trump Announces Tariff Threats Against 14 Countries, Maximum Rate Set at 40%
U.S. President Trump declared the July 8 tariff letter a final offer, imposing new rates on 14 countries effective August 1. Japan, South Korea, Kazakhstan, Malaysia, and Tunisia face 25% tariffs; South Africa and Bosnia 30%; Indonesia 32%; Bangladesh and Serbia 35%; Thailand and Cambodia 36%; and Laos and Myanmar 40%.
Trump Set to Deliver Tariff letter to EU in Two Days
At a White House cabinet meeting, Trump said a letter disclosing U.S. tariffs on EU exports could be sent within two days. He also praised the EU for its recent friendly stance in trade discussions with the U.S.
Trump Says Tariffs Don’t Fuel Inflation, Urges Powell to Lower Rates
President Trump cited new White House economic research showing tariffs have no effect on inflation, with import prices continuing to fall. He claimed this confirms his predictions and urged Fed Chair Powell to cut interest rates, accusing him of raising concerns about inflation that doesn’t exist, based on outdated or incorrect assumptions.
Analyst: Bitcoin Funding Rate Near Bottom, Bullish Momentum Remains
CryptoQuant analyst Axel Adler Jr. notes that when the 30-day percentile funding rate falls to around 50% on major platforms, it often signals a local bottom, typically followed by a market recovery and upward trend.
Miner Transaction Volume Drops to 3.3%, Lowest Since Late 2022
Sentora reports that Bitcoin miners’ on-chain transaction volume has dropped to 3.3%, the lowest since November 2022. This decline suggests miners are hoarding Bitcoin, reducing sales in anticipation of future price increases and market gains.
Bitcoin Could Hit Bull Market Peak by October 2025, Analysts Predict
Analysts predict Bitcoin's bull market may peak in October 2025. Traders Rekt Capital and Jelle support this view and are taking profits, while CryptoCon expects the cycle to conclude by year-end instead.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.