📊 MARKET REPORT ON 13/03/2025

⭐ BTC

🟢 BTC Price: $83,632.37USD

🟢 Total BTC Market Trading Volume: $38.04B

⭐ ETH

🟢 ETH Price: $1,887.19USD

🟢 Total ETH Market Trading Volume: $21.7B

⭐ MARKET OVERVIEW

🟢 Crypto Fear & Greed Index: 21 (fear)

🟢 Total crypto market capitalization: $2.71T

⭐ IMPORTANT INFORMATION

🟢 Singapore & Vietnam cooperate to develop a legal framework for digital assets.

🟢 South Korea is about to issue guidelines for crypto investment organizations in Q3/2025, gradually lifting the previous ban.

🟢 The Central Bank of Canada 🇨🇦 has cut interest rates by 0.25%, marking the seventh consecutive reduction. The central bank referred to the trade conflict with the US as “a new crisis” and warned that the economic impact “could be severe.”

🟢 Deutsche Bank: The Trump administration considers Bitcoin a strategic reserve asset, helping diversify investments, combat inflation, and strengthen the digital economic position. National Bitcoin reserves reflect confidence in crypto and could set international standards, support public finance, and reduce debt.

🟢 JPMorgan has raised its forecast for the risk of a US economic recession in 2025 to 40% (up from 30%), citing extreme economic policies from the Trump administration.