Points to note now:
On March 6, 2025, the Trump administration signed an executive order to establish a strategic reserve for Bitcoin, mandating a report to be published within 60 days. According to the executive order, the deadline for this report is around May 5, 2025, and there are currently less than two weeks remaining.
Trump initially mentioned that the cryptocurrencies included in the reserve would also include XPR, SOL, and ADA. The publication of the Treasury Department's evaluation report is not only a crucial step for domestic policy in the United States but may also trigger a chain reaction of digital asset reserves globally.
(In the cryptocurrency market, eight out of ten times, there’s a significant drop during meetings. One should still pay attention, and if it’s time to reduce positions, it should be done. USDT and BTC are the most important!)
The current correlation between Bitcoin and the US stock market is weakening. In the past, Bitcoin prices were often highly correlated with US tech stocks, but as its inflation-hedging properties gain attention, its price fluctuations are gradually decoupling from stock indices (such as the S&P 500).
Conversely, the correlation between Bitcoin and gold is gradually strengthening, as both are viewed as safe-haven assets against currency depreciation and geopolitical uncertainty.
