Trump Troubles... Bitcoin Falls Below $80,000 Again [3-Minute Brief]

Published 12 Mar.2025 08:00(KST)

[At a Glance]
① Bitcoin falls below $80,000 again in 11 days
② Trump and Xi Jinping begin talks on holding a summit in June
③ Average resting period for 'resting' youth is 22.7 months... 77% feel "anxious"

MARKET INDEX : Year to date

Trump Troubles... Bitcoin Falls Below $80,000 Again [3-Minute Brief]

○ New York Stock Market falls for the second day amid Trump’s inconsistent tariffs

○ S&P down 0.8%, on the verge of technical correction

○ Trump announces then reverses 'additional tariffs on Canada'... rollercoaster market continues

Top3 NEWS

■ Bitcoin falls below $80,000... "Uncertainty expands"

○ Economic uncertainty increases, risk asset preference decreases
○ "Virtual assets still in early stage, high potential for rebound"
○ "Tariff risks still exist... market volatility may increase"

■ Trump and Xi Jinping seek solution to trade conflict... rumors of meetings in April and June

○ SCMP expects US-China summit as early as April
○ Xi Jinping and Trump hope to meet in China
○ WSJ reports possibility of 'June birthday summit'

■ Prolonged 'resting' period amid weak employment conditions... 77% of youth feel anxious

○ The longer the resting period, the more "loss of job-seeking motivation"
○ Average resting period is 22.7 months
○ 11% of youth have rested for over 4 years

Graphic News: Global defense spending burden '↑'... booming defense industry ETFs

○ PLUS K Defense Industry ETF posts over 40% monthly return

○ Global defense spending burden rises amid US pressure for cost-sharing

○ "Record high domestic defense exports expected this year"

the Chart: Foreign investors sold 6 trillion won this year, when will they return?

○ Foreign investors net sold 6.3185 trillion won year-to-date

○ Seven consecutive months of net selling through last month

○ Selling dominance continues this month... exchange rate and short selling resumption are variables for foreign demand

Today's Key Schedule

○Domestic

KOSDAQ The Dozen subscription, expected IPO price 10,500 won ~ 12,500 won

KOSDAQ Hanwha Plus No.5 SPAC, confirmed IPO price 2,000 won

KOSDAQ Simple Platform subscription, confirmed IPO price 15,000 won

○Overseas

01:00 US Energy Information Administration (EIA) Short-Term Energy Outlook (STEO)

02:00 US 3-year Treasury auction

21:30 US Consumer Price Index (YoY) (February)

22:30 US Crude Oil Inventories

22:45 Canada Interest Rate Decision

◇ Lunch & Commute Weather

○ Lowest temperature 6℃(▲3℃) ｜ Highest temperature: 13℃(▼2℃)
○ Precipitation probability: Morning 30%｜Afternoon 60%
○ Fine dust: Morning Moderate｜Afternoon Moderate

3 minutes is OK, essential time-efficient economic news. Published daily at 8 AM.