The main force lacks confidence in the future market

Eric Trump stated that American Bitcoin continued to increase its holdings of BTC in the first quarter with a mining profit margin of 52%. （Cointelegraph）

Morgan Stanley analyst Rajat Gupta stated that the merger of Tesla and SpaceX faces obstacles such as regulatory approvals from multiple jurisdictions, governance, and symmetrical voting rights, and it is believed that the merger will be led by SpaceX. Morgan Stanley believes that if the transaction occurs, the most likely structure is for SpaceX to acquire Tesla in an all stock manner. Rajat Gupta has a neutral rating for Tesla with a target price of $475.

Horus Hughes stated that as buyers return to the spot and futures markets, Bitcoin may be bottoming out, with a buying volume of $2.9 billion in the past seven days. （Cointelegraph）

The decline fits into a pattern of recently-public digital asset companies sliding after debut, Arca's Jeff Dorman said.

The revocation of Iran's oil sales license by the United States has led to a 6% increase in Brent crude oil prices to over $75. （Watcher.Guru）