2025/3/21 Crypto Market Hotspot Summary 🚨

Binance activities lead market focus, the Trump effect is weakening.

Mainstream Market 📈

1: #BTC dropped back into the fluctuation range, prices continue to fluctuate around the 85000 mark, the upward trend lacks sustainability, mainly following the U.S. stock market, with no other favorable events to drive a new independent market after the three major narratives of ETF, U.S. elections, and national reserves. Interest rate cuts and monetary policy have become the focus of the market. Bitcoin ETF had a net inflow of $166 million yesterday.

2: #ETH after a strong day continues to weaken, another whale holding for 8 years transferred 34,000 ETH to Coinbase, with a total return of 44 times. Eight years ago, Bitcoin was around $2000, also yielding over 40 times. The available supply of ETH in CEX has dropped to 8.97 million, reaching a new low in ten years.

3: Altcoins on the BNB chain continue to see cash cows #BUBB #TAT are all targets with a fast track of 20M. As long as Big Brother @CZ @Yi He is active on Twitter, it can have a Midas touch effect. In contrast, Dragon One #MUBARAK is in a sideways state, #BANANA has reversed its ranking in Binance's voting for coins, currently in the first position. This asset has also risen sharply, with a market cap once exceeding 50M.

Hot Events 🔥

1: Canary Capital submitted a $PENGU ETF application to the U.S. Securities and Exchange Commission (SEC). Now it's not just public chains; as long as you can find connections, you can submit.

2: The U.S. Securities and Exchange Commission confirmed that, under U.S. law, Bitcoin and POW mining are not considered securities.

3: Trump participated in the DAS Digital Asset Summit via video and delivered a speech, mainly focused on two points: "Make America a Bitcoin superpower and the world cryptocurrency capital" and calling on the U.S. Congress to pass stablecoin legislation to further promote compliance and development in the cryptocurrency industry. There were no substantial benefits, and the market did not respond positively.

4: Binance launched Launchpool + Binance Wallet new activities.

🚦 Overall market conditions remain in wide fluctuations, with market hotspots still concentrated on BNB chain's cash cows and Binance's series of welfare activities. In the absence of clear signals and direction in the market, continuously earning some stable profits through stable strategies is quite good. Everyone can pay more attention to opportunities in this area.