CoinEx Daily: Bitcoin rallies again; The White House is hosting its first Cryptocurrency summit

overview

BTC rallied again to $87,000; According to sources, the attendees included executives from several crypto companies, including Coinbase, Chainlink, Exodus, and Strategy. Executives confirmed to attend include Coinbase CEO Brian Armstrong, Chainlink Labs co-founder Sergey Nazarov, Exodus CEO J.P. Richardson, and Strategy Chairman Michael Saylor.

Daily Macro

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

Bitcoin ETFs: Net outflows of $143 million yesterday

Ethereum ETF: Net outflows of $78 million yesterday

Macroeconomic data: The US releases ADP employment numbers for February this evening.

Daily Focus

BTC

Reason to focus: The U.S. Senate passed the "Repeal of the IRS DeFi Broker rule" bill, pending approval by the House of Representatives, once completed, not only will the rule be completely repealed, but the IRS will also be prohibited from implementing similar policies in the future. The White House said yesterday that the president was likely to sign the resolution quickly.

Related Token Performance (24H) :

AAVE: +20%

UNI: 6%

DYDX: 1%

Market analysis : defi projects will remove regulatory risks

Next Focus

Aariff

Reason to focus: U.S. and Canadian officials are in talks to reduce or eliminate tariffs imposed by President Trump on Tuesday, people familiar with the matter said, adding that a deal could be reached as soon as Wednesday.

Market analysis: Market inflation expectations will be reduced.