Overview

The crypto market experienced another sharp decline last night, followed by a slight recovery this morning.

Daily Macro

Bitcoin Performance: Bitcoin briefly dropped below $80,000 before rebounding to around $82,000.

Bitcoin ETF: Net outflow of $181 million from Bitcoin ETFs yesterday.

Ethereum ETF: Net outflow of $58 million from Ethereum ETFs yesterday.

Macroeconomic Data: Democratic lawmakers called on the Treasury Department to halt the strategic Bitcoin reserve plan, accusing Trump of a conflict of interest.

Daily Focus

BTC

Reason for Attention: The U.S. Treasury Department met with executives from three crypto custody firms this week to discuss how to manage the national strategic Bitcoin reserve. The Treasury is still in the research phase, has yet to form a clear stance, but is actively seeking industry input.

Token Performance (24h): BTC: +1.03%

How to Participate: The strategic Bitcoin reserve could significantly impact the market; investors should monitor developments closely.

Next Focus

SEI

Reason for Attention: The Trump family's crypto project, World Liberty Finance, purchased 541,242 SEI tokens four hours ago for $100,000 USDC at an average price of $0.18.

How to Participate: The Trump-backed investment may signal official endorsement; investors should keep an eye on SEI's performance.

CoinEx Daily: Market Experienced Another Sharp Decline Yesterday, Slight Rebound Today