Rep. Byron Donalds has introduced the Reserve and Stockpile Act to codify Trump's executive order establishing a Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile. This move aims to make the reserve a permanent fixture, preventing future administrations from reversing it.
The reserve will be backed by Bitcoin seized through criminal or civil forfeiture, ensuring these assets remain part of the U.S. financial system. This step signals a stronger push toward crypto adoption at a national level. ----------------------------------------------------- What are your thoughts on this move?
Bitcoin is experiencing an upward move due to several key factors:
1. Gold's Historic Rally – Gold surpassing $3,000 has renewed Bitcoin's appeal as a store of value. 2. Liquidity Surge – Increased market liquidity and growing institutional interest are driving demand. 3. DXY Drop – A rare buy signal has emerged as the US Dollar Index weakens, historically supporting Bitcoin rallies.
Markets remain dynamic, but these factors are currently driving Bitcoin’s momentum.
BTCUSDT Following a massive liquidation event of an ETH long whale and a $4 million loss in the HLP Vault, Hyperliquid experienced a net outflow of $166 million in AUM on March 12, marking the second-largest single-day net outflow in the platform's history, likely primarily due to withdrawals from HLP Vault depositors.
🚨CPI Cools, But Crypto Stays Flat – What’s Holding It Back?🚨
February CPI came in at 2.8% YoY (vs. 2.9% expected), raising hopes for rate cuts—but crypto barely moved. Here’s why:
🔸 No Shock Factor – Inflation was expected to cool, so markets weren’t surprised. 🔸 Core CPI Still High (3.1%) – The Fed may delay cuts until there’s more confidence. 🔸 Tariff Uncertainty – Potential new trade tariffs could push inflation back up, keeping risk appetite in check. 🔸 Liquidity Games – Bitcoin near ATH means whales may be waiting for liquidity before big moves. 🔸 All Eyes on March 19 – The FOMC meeting could be the real trigger for the next big move.
CPI came in at 2.8% YoY (vs. 2.9% expected, 3.0% previous), boosting hopes for Fed rate cuts and lifting markets.
✅ Inflation cooling, increasing chances of rate cuts ✅ Stocks and crypto reacting positively ⚠️ Core CPI still at 3.1%, above the Fed’s 2% target ⚠️ Fed may hold off cuts until June
Markets are optimistic, but volatility remains. The focus now shifts to the March 19 Fed meeting.
📢 U.S. CPI Data Released February CPI YoY came in at 2.8%, lower than the expected 2.9% and the previous 3.0%.
The chances of the Federal Reserve considering rate cuts have increased. The market is leaning bullish, but the real focus is on the March 19,2025 Fed meeting. 🤞
BTCUSDT The address marked as Amber Group by Arkham has transferred a total of 20,000 ETH worth $37.36 million to exchanges such as Binance, OKX, and Gate in the past hour. The last movement of these ETH was in April 2022, and can be traced back to 0xD0...7Cbd. But it should be noted that Amber is a market maker and may be selling for its clients.
Senator Lummis reintroduces the "Bitcoin Act" bill, proposing a 1 million BTC purchase over 5 years with a 20-year minimum hold; that's 4.76% of the total supply. ✨
🚨Market Drop: Debt, Tariffs & Bond Moves – What’s Happening?🚨
Markets are sliding, and it's not just a coincidence. The U.S. has massive debt payments due in the next six months, and recent tariffs and trade policies are fueling market uncertainty. Here’s what’s driving the drop:
- Debt Crisis Looming: The U.S. faces growing pressure with 36.1T in national debt, requiring strategic financial moves.
- Bond Market Manipulation? Higher bond prices mean lower yields, allowing the U.S. to borrow more cheaply and manage its debt payments more efficiently.
- Tariffs & Market Shock: New trade policies are rattling investor confidence, impacting global markets.
Key Takeaway: By pushing markets lower, the U.S. may be influencing bond prices to ease its debt burden. ----------------------------------------------------- Let's see what tomorrow's CPI data brings and how the market reacts. Expect high volatility ahead. 🤞