BTC Market Analysis:
On March 7, Trump held a cryptocurrency summit at the White House, announcing the BTC strategic reserve initiative, but the results fell short of expectations, leading to a sharp decline in BTC.
On March 12, under U.S. pressure, Ukraine agreed to a 30-day ceasefire, marking a significant step towards ending the Russia-Ukraine war, which is favorable for inflation in Western countries.
Another point, White House officials stated that yesterday Trump mentioned imposing a 50% tariff on Canadian steel and aluminum was a spur-of-the-moment decision and would not actually be implemented, alleviating market concerns about uncertainty in U.S. tariff policy, which is also considered a positive development!
