FameEX Morning Crypto News Recap | July 11, 2025
2025-07-11 03:38:00Fed Governor Waller Signals July Rate Cut Amid Easing Inflation, Steady Jobs
Federal Reserve Governor Waller said the Fed should consider a July rate cut, even if June jobs data is strong. He believes current interest rates are too high, inflation has cooled, and the labor market is stabilizing.
Trump’s Tariff Strategy Heats Up, But Investors Expect Concession Ahead
Trump’s latest tariff measures are nearing April’s peak levels, but earlier reciprocal tariffs were delayed after a market crash, moving implementation from July 9 to August. Investors expecting Trump to retreat to avoid harming U.S. growth—a belief dubbed “TACO,” meaning “Trump Always Caves In.”
Bitcoin Spot Volume Drops as Futures Market Sees Strong Demand
Glassnode reports that BTC spot trading volume has weakened for weeks, with buyer momentum appearing only recently. However, rising futures CVD reflects strong and consistent buying activity in the derivatives market.
BlackRock Buys $158M in Ethereum, Outpaces Bitcoin for First Time
Arkham reports BlackRock bought $158 million in Ethereum, surpassing its $125 million Bitcoin purchase—marking the first time BlackRock’s Ethereum investment has exceeded its Bitcoin allocation.
NFT Sales Hit $2.82 Billion Globally in H1 2025
Global NFT sales totaled $2.82 billion in the first half of 2025, down 4.61% from the second half of 2024. CryptoSlam data shows Q1 sales were $1.59 billion, Q2 fell to $1.24 billion, with January peaking at $679 million.
Ethereum Overtakes Bitcoin in 24-Hour Futures Trading Volume
Glassnode reports Ethereum futures hit $62.1 billion in daily volume, edging past Bitcoin’s $61.7 billion. The platform noted this rare event suggests increased trader focus on ETH amid anticipation of upcoming Ethereum-related catalysts.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.