April 23

1 Market Trend
Expectations of trade easing ignite the market, with US stocks and the crypto market rising; AI tokens are up across the board. In the past 42 trading days, there have only been 4 days of net inflows for Ethereum ETFs. Trump: Tariffs on China will not reach 145%, and will significantly decrease but will not go to zero. Musk will continue to push for lower tariffs, but the final decision lies with Trump.
Viewpoint: Bitcoin decouples from US stocks, digital gold attributes may return.
Recent hot topic: The son of the U.S. Secretary of Commerce leads the launch of a $3 billion cryptocurrency investment plan.
Three Bitcoin Reserve Plan
In early March this year, Trump signed an executive order proposing the establishment of a national-level Bitcoin reserve and strategic reserves for other tokens, and required the Treasury Secretary to submit an assessment report on the legal and investment feasibility of the plan within 60 days. Currently, there are less than two weeks left until the 60-day deadline set by Trump's executive order, and the market's anticipation of this matter may be one of the important catalysts for the recent rebound in crypto assets. Moreover, any comments questioning the independence of the Federal Reserve have also had a positive spillover effect on Bitcoin.