CoinEx Daily: Bitcoin Volatility; Trump Imposes Tariffs

Overview

Bitcoin fluctuates lower; U.S. President Donald Trump announced that he would impose a 25% tariff on all imported steel and aluminum, effective Monday. The tariff will apply to metals imported from all countries, though Trump did not specify when the tariffs would take effect.

Daily Macro

Bitcoin Market: Bitcoin remains volatile, while altcoins see slight recovery.

Bitcoin ETF: Last Friday saw a net outflow of $186 million.

Ethereum ETF: Yesterday saw a net outflow of $22.46 million.

Macro Data: Tonight, Federal Reserve Chairman Jerome Powell will testify before the Senate Committee on Banking, Housing, and Urban Affairs, delivering his semi-annual monetary policy report.

Daily Focus

LTC

Reason for Focus:Bloomberg senior ETF analyst Eric Balchunas predicted the likelihood of spot crypto ETFs being approved in 2025. Among them, Litecoin (LTC) and Dogecoin (DOGE) are the most likely to be approved, with probabilities of 90% and 75%, respectively. Solana (SOL) stands at 70%, while XRP has a lower chance of 65%.

Related Token Performance (24H):

LTC：: +12%

Market Analysis:Litecoin has shown strong performance due to the news.

Next Focus

Strategy

Reason for focus: Michael Saylor, founder of Strategy (formerly MicroStrategy), posted on social media that the company has purchased 7,633 Bitcoin at an average price of approximately $97,255, totaling a value of around $742.4 million.

Market Analysis: Strategy now holds 478,740 Bitcoin, with a total purchase cost of around $31.1 billion, and an average purchase price of $65,033.