Daily Market Brief•Mar 7, 2025

Daily Market Brief 250307

  • Crypto market sold off as equities declined during the U.S. open but recovered most of the losses. As of now, $BTC is trading at $89,930, and $ETH is trading at $2,202. Bitcoin dominance stands at 61.55%.

  • Just a couple of minutes ago, President Trump signed an Executive Order to establish a Strategic Bitcoin Reserve. According to David Sacks, the reserve will be funded with Bitcoin owned by the federal government, which was forfeited through criminal or civil asset forfeiture proceedings.

  • Other notable headlines include: SBF gives a 45-minute interview to Tucker Carlson from prison, YZi Labs has invested in Tensorplex Labs, and Sui has unveiled a collaboration with World Liberty Financial.

  • Over the last 24 hours, the top three gainers were $CRO, $BGB, and $ENA, while the top three losers were $HYPE, $SNEK, and $S.

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