FameEX Morning Crypto News Recap | August 4, 2025
2025-08-04 05:15:07Trump’s New Tariffs on Multiple Countries Are Essentially Finalized
U.S. Trade Representative Lighthizer confirmed that President Trump’s new round of tariffs on multiple countries is essentially finalized and won’t change during current talks. He added that the tariffs are largely fixed and based on bilateral trade surpluses and deficits.
Trump Fires Director of Labor Statistics Bureau Over Weak Non-Farm Data
White House economic adviser Hassett called the economy "smooth sailing" despite a weak jobs report. President Trump fired labor statistics director Erika McEntarfer over poor non-farm data, appointing William Wiatrowski as acting director.
Bitcoin Price Faces Pullback Amid Macro Bearish Trends, Institutions Add 30,000+ BTC to Holdings
The weaker-than-expected non-farm employment data, along with policy divergences from the Federal Reserve and rising tariff tensions, have contributed to a risk-off sentiment in global markets. This has led to declines in the S&P 500 and Nasdaq, while U.S. Treasury yields fell, prompting funds to flow into gold. Bitcoin has seen a pullback from $119,800 to $112,000, with short-term bullish momentum fading and on-chain activity decreasing. However, institutional strategies continue to be active, with over 30,000 BTC added to holdings. Meanwhile, the options market’s Max Pain level has stabilized at $118,000, providing some support.
Ethereum Contract Coin-Positioning Drops by 11.4%
On August 3, Coinglass data revealed that Ethereum contract coin-positioning totaled 13.7473 million ETH, marking an 11.4% decrease from the historical high of 15.2971 million ETH on July 29.
Long Positions Worth $922.2 Million Liquidated on August 1, Reaching Year’s Peak
On August 1, long position liquidations hit $922.2 million—the highest single-day total since February 25. Notably, after February 25, the market saw over two months of decline and consolidation.
BTC Price Volatility Could Lead to Long and Short Liquidations
Coinglass data indicates that if BTC drops below $108,399, long liquidations on mainstream CEX will reach $1.804 billion. Conversely, if BTC rises above $118,812, short liquidations will total $1.387 billion on these exchanges.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.