FameEX Morning Crypto News Recap | March 12, 2025

Trump Slaps 25% Tariffs on Canadian Steel, Aluminum Imports

Trump announced a 25% increase in tariffs on Canadian steel and aluminum via social media, raising the total to 50%. The new tariffs will be implemented starting March 12.

Trump-Era Inflation Report Arrives Soon; Market Bets on Crypto Upside if Inflation Cools

The U.S. Bureau of Labor Statistics is set to release the first Consumer Price Index (CPI) report under President Trump on Wednesday. Analysts expect overall inflation to dip from 3% to 2.9%, with core inflation easing from 3.3% to 3.2%. This potential slowdown may boost market expectations for a future interest rate cut by the Federal Reserve.

House of Representatives Approves Repeal of IRS Rules on DeFi Brokers

On March 12, the U.S. House passed a bill by a 292–132 vote to repeal IRS DeFi broker rules, exempting decentralized crypto exchanges from reporting transaction dates and sales proceeds, easing compliance requirements for platforms operating in the decentralized finance sector.

Falling Bitcoin Price Sparks Increased Selling Pressure From Miners

According to CryptoQuant analysts, declining Bitcoin prices are pushing miners to sell more BTC to manage financial stress and cover operational expenses. This selling trend could impact market liquidity, as miners have historically increased Bitcoin sales during downturns to sustain their activities amid falling revenue and tightening profit margins.

Standard Chartered Expects Fed to Cut Rates Twice, Boosting Yen Strength

Steven Englander of Standard Chartered says U.S. recession fears are overblown despite slower growth. He forecasts two Fed rate cuts this year, while expecting the Bank of Japan to hike interest rates twice.

Amid Volatile Markets, Traders Urge Smarter Entry Timing

Trader Eugene cautioned against blindly pursuing long positions in today’s market. He stressed the importance of strategic entry points over large position sizes, recommending a well-timed 20% allocation as a safer approach. In uncertain conditions, precise entries outweigh the risks of heavy exposure.

Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.​