Trump said: Make America great again!

US President Trump previously signed an executive order, ordering the US Treasury and Commerce Department to establish a sovereign wealth fund within the next 12 months, and Michael Grimes, a former technology investment banker at Morgan Stanley, will be responsible for the fund. The fund is expected to receive funds mainly from tariffs. There are rumors in the cryptocurrency circle that Trump may use the sovereign wealth fund to buy Bitcoin. Despite this, Bitcoin not only did not receive a boost on the 17th, but it even fell by more than 1% during the session.

Last Sunday, Marla Maples, the second wife of US President Donald Trump, posted on the social media platform X, calling on Trump and his team to drop the lawsuit against early Bitcoin investor Roger Ver. Videos about Roger Ver’s philanthropy were widely circulated online by several liberal advocates, including Ryan Fournier, co-founder of Students for Trump.

PANews reported on March 16 that Token Unlocks data showed that tokens such as MRS, FTN, and QAI will be unlocked in large amounts next week, including: Metars Genesis (MRS) will unlock 10 million tokens at 8:00 am Beijing time on March 23, which is 11.87% of the current circulation and worth approximately US$97.4 million; Fasttoken (FTN) will unlock 20 million tokens at 8:00 am Beijing time on March 18, which is 4.65% of the current circulation and worth approximately US$79.8 million; QuantixAI (QAI) will unlock approximately 566,000 tokens at 8:00 am Beijing time on March 18, which is 3960.24% of the current circulation and worth approximately US$41.4 million; MANTRA (OM) will unlock 5 million tokens at 8:00 am Beijing time on March 23, which is 0.51% of the current circulation and worth approximately US$32.8 million; Polyhedra Network (ZKJ) will unlock about 15.53 million tokens at 8:00 a.m. on March 19th, Beijing time, accounting for 25.72% of the current circulation and worth about 31.8 million U.S. dollars; SPACE ID (ID) will unlock 78.49 million tokens at 8:00 a.m. on March 22nd, Beijing time, accounting for 18.23% of the current circulation and worth about 19.3 million U.S. dollars; Melania Meme (MELANIA) will unlock 26.25 million tokens at 8:00 a.m. on March 18th, Beijing time, accounting for 17.50% of the current circulation and worth about 17.6 million U.S. dollars; Immutable (IMX) will unlock 24.52 million tokens at 8:00 a.m. on March 21st, Beijing time, accounting for 1.39% of the current circulation and worth about 13.4 million U.S. dollars; ApeCoin (APE) will unlock 15.6 million tokens at 8:30 p.m. on March 17th, Beijing time, accounting for 1.95% of the current circulation and worth about 8 million U.S. dollars; Murasaki (MURA) will unlock 10 million tokens at 8:00 a.m. Beijing time on March 23, which is 1.00% of the current circulation and worth approximately US$7.4 million; Solv Protocol (SOLV) will unlock approximately 117 million tokens at 6:00 p.m. Beijing time on March 17, which is 7.93% of the current circulation and worth approximately US$5 million.

PANews reported on March 16 that according to Cointelegraph, although investors are generally worried about the current adjustment, Bitcoin's historical bull market cycle is still intact, and the current situation may only be a temporary "shock" before the next round of rise. Bitfinex analysts pointed out that several key technical indicators have turned bearish, leading people to speculate that the bull market cycle may end prematurely. Despite this, Bitcoin's 4-year cycle is still an important factor, which historically affects price trends. Past trends show that it is not the beginning of a long-term bear market yet. $72,000-73,000 is still a key support range. Global Treasury yields and stock trends may determine the next major trend of Bitcoin.

PANews reported on March 16 that according to Cointelegraph, Jason Calacanis, an early investor in Uber and Robinhood and a well-known angel investor, wrote on the X platform that the Bitcoin market has been monopolized by some giants, and now is the best time to create a better Bitcoin, "the game needs to be restarted." However, Jason Calacanis's views seem to have caused different opinions in the industry. Brady Swenson, co-founder of Swan Bitcoin, said that Bitcoin is a technological revolution that changes all industries, rather than following the adoption curve of a single technology like the iPad. Bitcoin will never be replaced as a value transfer protocol, but the competition for the second-layer protocol continues.