Market Analysis

Major Positive News: The White House will host its first crypto summit on March 7, led by "Crypto Czar" David Sacks and Bo Hines, promising to build a clear regulatory framework and attracting industry leaders to participate.

Global markets plummeted due to disruptions from Trump’s tariffs, with the crypto market experiencing an epic correction: BTC has fallen 25% from its peak, ETH has been slashed by 45%, and technical indicators have hit historic lows. January PCE inflation cooling, combined with weak U.S. consumer spending, rising unemployment, and other economic data, strengthens expectations of a rate cut.

If next Friday’s non-farm payroll data is positive, BTC may accelerate its upward trend.