CoinEx Daily: Bitcoin rallies again; The Republican Party hosted a crypto lunch

overview

BTC rallied again to $92000; The Republican Party hosted a crypto lunch, attended by Republican Whip Tom Emmer and a group of Republican lawmakers. In addition, crypto companies such as Paradigm, a16z, Coinbase, DCG and others attended the conference.

Daily Macro

Bitcoin Market conditions: Bitcoin is rallying again; The altcoin market rebounded in tandem.

Bitcoin ETF: Net inflows of $21.7 million yesterday

Ethereum ETF: Net inflows of $15 million yesterday

Macroeconomic data: US jobless claims for the week ended March 1 are released tonight.

Daily Focus

AXL

Reason to focus: Canary files S-1 filing for its AXL ETF. Former Coinbase legal director Brian Brooks has joined Axelar's new Institutional Advisory board, a project focused on regulatory coordination and institutional adoption.

Related Token Performance (24H) :

AXL: +20%

Market analysis :AXL enters the period of speculation

Next Focus

WLFI

Reason to focus: WLFI, the Trump-backed DeFi project, has made another big purchase of crypto assets. WLFI bought a total of $21.5 million of new tokens this morning, including: $10 million of WBTC (110) $10 million of ETH (4,468) $1.5 million of MOVE (3.42 million).

Market analysis: LFI has spent a total of $336 million on nine tokens: ETH, WBTC, TRX, LINK, AAVE, ENA, MOVE, ONDO and SEI.