Daily Market Brief•Mar 3, 2025

Daily Market Brief 250303

  • Markets rallied hard late-weekend, with $BTC up 9.5% in the past 24 hours, currently at $94,265.12, while $ETH is up 13.6% at $2,518.17.

  • The biggest news of the weekend was Trump officially signalling a U.S. crypto reserve in a Truth Social post, suggesting inclusions of $XRP, $SOL, and $ADA (see below).

  • Additional weekend headlines include: Tether minted another $1B in $USDT, reinforcing liquidity amidst speculation of U.S. reserve developments; a Crypto Summit scheduled at the White House this week, hinting at regulatory clarity; and a whale deploying hundreds of millions into 50x leveraged longs on $BTC and $ETH.

  • During the last 24 hours, the top three gainers were $SNEK, $ADA, and $FARTCOIN, while the top three losers were $MKR, $KAITO, and $GLM.

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