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CoinEx Daily: Trump’s Tariff Policy Triggers Market Volatility

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Published on 2025-03-12


Overview


Yesterday, U.S. President Donald Trump announced a 25% tariff increase on Canadian steel and aluminum products, causing significant market downturns.


Daily Macro


Bitcoin Performance: Bitcoin has slightly recovered today, currently trading around $82,000.

Bitcoin ETF: Net outflow of $220M from Bitcoin ETFs yesterday.

Ethereum ETF: Net outflow of $9.8M from Ethereum ETFs yesterday.

Macroeconomic Data: Trump’s announcement of increased tariffs on Canadian steel and aluminum has raised concerns in the market.


Daily Focus


BTC

Reason for Attention: Bitcoin’s price has experienced significant volatility due to the tariff policy, driving the overall crypto market downward. Market sentiment remains at extreme fear levels.

Token Performance (24h): BTC: +1.44%

How to Participate: The market remains uncertain, and further declines are possible. Investors should closely monitor price movements and adjust their strategies accordingly.


Next Focus


DRB

Reason for Attention: DRB, the first token proposed by Grok, has reached an all-time high with a market cap surpassing $40M. In the last 24 hours, it recorded a trading volume of $9.37M and a price surge of 89.2%.

How to Participate: DRB has shown strong price performance recently. Investors should keep an eye on its developments to seize potential investment opportunities.