Bitget UEX Daily | Trump Claims Quick End to Iran Action; Crude Oil Pulls Back from Highs, US Stocks Rebound; Japan's Cryptocurrency Asset Trading Surges (March 10, 2026)

I. Hot News

Federal Reserve Dynamics

No significant updates for now.

• The market is closely monitoring the Federal Reserve's response to geopolitical risks, with institutions expecting the Fed to cut rates by an additional 75 basis points in 2026 to address labor market weakness, but sticky inflation may limit the cut to above the consensus level of 3%.
• Key Points: J.P. Morgan strategists note that the Fed's policy shift will support double-digit growth in global stocks, but caution against volatility from overheated valuations; BlackRock Investment Institute emphasizes that geopolitical conflicts could amplify supply chain shocks, driving up commodity prices.
• Market Impact: Rate cut expectations may ease the dollar's strength, but short-term risk aversion could boost safe-haven demand, indirectly supporting a recovery in US tech stocks.

International Commodities

Trump declares military action against Iran nearing end, G7 holds off on releasing oil reserves.

• Trump states the action against Iran is "essentially over," with oil price gains below expectations, leading to a pullback from highs; G7 finance ministers agree to temporarily withhold strategic reserves, with energy ministers' meeting on Tuesday to discuss potential supply disruptions.
• Key Points: Closure of the Strait of Hormuz triggered a short-term oil price surge, but Trump warns Iran against disrupting supplies and is preparing "three arrows" measures including reserve releases and gasoline tax suspensions; analysts believe any intervention would be ineffective if the strait remains impassable.
• Market Impact: Signals of geopolitical easing alleviate supply concerns, but ongoing conflict risks may maintain high oil volatility, boosting energy stock valuations and amplifying inflation pressures, linking with macroeconomic policies.

Macroeconomic Policies

Putin and Trump discuss Middle East and Ukraine over phone; Anthropic sues US Defense Department over supply chain risk labeling.

• Putin and Trump's call focuses on the Iran situation and Ukraine mediation, with Putin calling for diplomatic approaches and Trump expressing willingness for long-term involvement; Anthropic sues the Defense Department, alleging illegal supply chain risk determination involving AI monitoring controversies.
• Key Points: Bank of America analysts warn that Trump needs to "de-escalate" US-Iran tensions by March to win midterm elections, or rising oil prices will erode his economic approval; officials reveal G7 is considering releasing 300-400 million barrels of crude to stabilize global energy.
• Market Impact: Geopolitical dialogues may stabilize market sentiment short-term, but election pressures and supply chain disputes could heighten policy uncertainty, affecting cross-border investment flows and amplifying asset volatility.

II. Market Review

Commodities & Forex Performance

• Spot Gold: Down 0.07%, $5142.70/oz, pulling back for two consecutive days, dragged by dollar strength and oil volatility.
• Spot Silver: Up 0.56%, $87.59/oz, rising against the trend supported by industrial demand and safe-haven sentiment.
• WTI Crude: Down 8.46%, $86.69/barrel, plunging from highs influenced by Trump's remarks on quick end to Iran action and G7's hold on reserves.
• Brent Crude: Down 9.72%, $90.33/barrel, dominated by geopolitical easing expectations, driving short-term correction.
• US Dollar Index: Up about 0.07%, at 98.787.

Cryptocurrency Performance

• BTC: 24H up 4.37% to $69,173, rebounding consecutively to test $73,000 resistance, benefiting from ETF inflows and short squeezes.
• ETH: 24H up 3.65% to $2,019, short-term pullback but weekly gains over 10%, supported by staking records and on-chain supply reduction.
• Total Cryptocurrency Market Cap: 24H up 3%, at $2.43 trillion, driven by warming institutional demand and stable Bitcoin dominance.
• Market Liquidations: 24H total liquidations $343 million, long positions $158 million, short positions $184 million.

• Bitget BTC/USDT Liquidation Map: Current price $69,096, dense short liquidation wall near $70,000 above (cumulative short leverage up to $587 million), potentially triggering short squeezes; dense long liquidation wall between $64,000-$68,000 below (cumulative long leverage $26.77 million), with potential long stampede risk.
• Spot ETF Net Inflows/Outflows: Yesterday's BTC spot ETF net inflow $57 million; ETH spot ETF net inflow about $3.8 million.
• BTC Spot Inflows/Outflows: Yesterday's BTC spot inflows $3.23 billion; outflows $3.173 billion, net inflow $57 million.

Yesterday, as Japan's Nikkei index plunged, Tokyo-based crypto exchange Bitflyer saw a surge in trading volume. CoinGecko data shows Bitflyer's 24-hour volume up 200%, far exceeding Coinbase's 112% and Binance's 75%. Meanwhile, Korea's Upbit rose 27.1%, Bithumb up 49%.

Asian session data shows Bitcoin vs. Yen up about 2.05%, outperforming vs. USD 1.86% and vs. KRW 1.64%, reflecting Yen weakness and Japan's trading surge. Japan's stock market fell about 6.5% on Monday, Korea's KOSPI down about 8% triggering circuit breakers. Analysts note Korea's market reacts more sharply to oil shocks due to heavy reliance on imported energy, with about 70% of crude from the Middle East. Japan's stocks, though sharply down, have more diverse components and greater resilience, explaining the crypto trading surge amid stock declines.

US Stock Index Performance

• Dow Jones: Up 0.50%, closing at higher levels, supported by geopolitical easing and reduced panic sentiment in a consecutive V-shaped reversal.
• S&P 500: Up 0.83%, key feature being tech-led rebound, with overheated valuation risks lingering.
• Nasdaq: Up 1.38%, driven by strong AI and semiconductor demand in sectors, with optical communications and storage concepts leading gains.

Tech Giants Dynamics

• Nvidia: Up nearly 3%, closing at higher prices, core reason being launch of NemoClaw AI platform, enhancing enterprise AI deployment capabilities.
• Google: Up nearly 3%, strong traffic data, Claude growth 63% but Google's moat remains solid, driving complex search demand expansion.
• Apple: Up nearly 1%, foldable iPhone stocking up 20%, increased supply chain orders, positioned at $2,000 premium market.
• Microsoft: Slightly up 0.11%, overall tech giants benefiting from AI investments and geopolitical easing, supporting valuation repair.
• Amazon: Slightly up 0.13%, boosted by improved market sentiment and expected e-commerce demand.
• Meta: Slightly up 0.39%, stable platform dynamics, advertising business benefiting from economic recovery.
• Tesla: Slightly up 0.49%, EV sector linking with lithium battery concepts, core reasons being supply chain optimization and policy support expectations.

Sector Movements Observation

Storage Concept Stocks Up Over 5%

• Representative Stocks: SanDisk up nearly 12%, Western Digital up nearly 7%.
• Driving Factors: Semiconductor demand recovery and AI storage application expansion, driving chain valuation re-rating.

Cryptocurrency Concept Stocks Up Over 4%

• Representative Stocks: Circle up nearly 10%, MARA Holdings up over 8%.
• Driving Factors: Bitcoin rebound and ETF inflows boosting, renewed institutional interest amplifying sector leverage effects.

Optical Communications Concept Stocks Up Over 6%

• Representative Stocks: Applied Optoelectronics up nearly 16%, Lumentum up nearly 15%.
• Driving Factors: 1.6T transceiver orders landing and factory expansions, signaling accelerated commercialization of high-speed data centers.

III. In-Depth Stock Analysis

1. Nvidia - Launches NemoClaw AI Agent Platform Similar to OpenClaw

   Event Overview: Nvidia promotes open-source AI agent platform NemoClaw to enterprises, allowing deployment of AI agents for tasks without relying on Nvidia chips; integrates workflows to replace manual operations, marking AI shift from models to applications; competes with Claude's 63% traffic surge, but Google's moat remains deep.

   Market Interpretation: Analysts note this expands ecosystem and enhances enterprise AI penetration; Bank of America sees AI complex search demand benefiting Google, but Nvidia's platform may divert market share.

   Investment Insights: Open-source strategy may accelerate AI commercialization; worth mid-to-long-term allocation to capture ecosystem expansion dividends.

2. Apple - Foldable iPhone Stocking Up 20%

   Event Overview: Apple's first foldable phone inventory stocking up 20% from original target, with TSMC, Foxconn etc. gaining more orders; key components shipping from end-Q2 to Q3, release before year-end; features liquid metal hinge, positioned at $2,000 premium market.

   Market Interpretation: Institutional views optimistic, expecting foldables to revive iPhone sales; Goldman Sachs maintains Buy, emphasizing supply chain localization reducing risks.

   Investment Insights: Stocking increase signals strong demand; suggest focusing on premium consumption recovery driving Apple's ecosystem.

3. Joby Aviation - Air Taxi Pilot Selected

   Event Overview: US Department of Transportation selects air taxi pilot schemes, involving Joby, Archer etc.; covers over 20 states, core including Manhattan airport passenger tests; three-year pilot allows real-scenario operations and partial profitability before FAA certification; Joby after-hours up nearly 5%.

   Market Interpretation: Bloomberg analysts see this validating eVTOL feasibility, driving infrastructure investment; Goldman Sachs raises Joby target, emphasizing regulatory progress benefits.

   Investment Insights: Pilot accelerates commercialization, with high growth potential but watch for regulatory uncertainties.

4. Hewlett Packard Enterprise - FY2026 Q1 Revenue Up 18% YoY

   Event Overview: HPE Q1 revenue $9.3 billion, up 18% YoY; networking business $2.7 billion, cloud and AI business $6.3 billion; GAAP EPS $0.31, beating expectations; non-GAAP EPS $0.65, above forecasts; after-hours up nearly 2%.

   Market Interpretation: Institutional views positive, Bank of America maintains Overweight, emphasizing strong cloud AI demand and extended upcycle.

   Investment Insights: Revenue beat reflects AI investment cycle start; suitable as tech growth allocation.

IV. Cryptocurrency Project Dynamics

1. Bitcoin may benefit from prolonged US-Iran conflict, price rising to $69,000, reversing stock losses, supported by geopolitical risks.
2. KAST stablecoin platform secures $80 million Series A funding for global expansion, emphasizing privacy uses.
3. US President Trump threatens not to sign any other bills until Congress passes his priority voter ID bill. This stance brings uncertainty to the CLARITY Act for crypto market structure pending Senate advancement.
4. Michael Saylor discloses Strategy purchased 17,994 BTC for about $1.28 billion from March 2-8, average price ~$70,946; as of March 8, company holds 738,731 BTC, total cost ~$56.04 billion, average ~$75,862.
5. Ethereum founder Vitalik Buterin posts on X that Ethereum Foundation is staking 72,000 ETH using DVT-lite tech. Vitalik says this project aims for institutional distributed staking minimalism and one-click operation—users select node-running computers, create profiles with same keys, and everything auto-completes.
6. Bitget announces major upgrade to its AI infrastructure platform Agent Hub, adding Skills and CLI modules, forming complete "MCP+API+Skills+CLI" system with last month's MCP and REST/WebSocket API, connecting AI models, dev tools, and live trading execution.
7. Nasdaq-listed Ethereum treasury company Sharplink releases 2025 full-year report, disclosing ETH holdings up to 868,699, including 604,618 native ETH, 208,893 redeemed from LsETH, 55,188 from WeETH, plus 14,516 ETH staking rewards; now the world's second-largest listed ETH holder.

V. Today's Market Calendar

Data Release Schedule

Important Events Preview

• March 10 (Tuesday)

  1. US Commerce Department hosts US Robotics Manufacturing Roundtable, discussing supply chain and policy challenges.
  2. After US market close, Oracle releases earnings.

  March 11 (Wednesday)

  1. 20:30, US Feb CPI YoY released, expected 2.4%.
  2. Fed Governor Michelle Bowman speaks.
  3. Apple iPhone 17e and new iPad Air go on sale.

  March 12 (Thursday)

  1. 20:30 US initial jobless claims to March 7, expected 213k.
  2. After US market close, Adobe releases earnings.

  March 13 (Friday)

  1. 20:30, US Jan core PCE price index YoY released, expected 3.1%;
  2. Japanese PM Sanae Takaichi meets Canadian PM Mark Carney to discuss Middle East situation.

Institutional Views:

Prominent investment bank analysts hold a cautiously optimistic view on the 24-hour market movements. J.P. Morgan emphasizes global stocks' double-digit growth potential from strong earnings and Fed rate cuts, but geopolitical conflicts could amplify volatility, suggesting sell crude at $90/barrel and buy 30-year Treasuries. BlackRock notes Middle East supply shocks boosting commodity risk premiums, with gold targeting $6,500, silver cup-and-handle pattern aiming $120. Bank of America warns Trump needs to ease US-Iran tensions by March to stabilize oil prices, or midterm election risks intensify; for crypto, analysts see BTC rebound to $73,000 benefiting from $787 million ETF inflows, ending 5-week outflows, but $2.51 trillion total cap remains geopolitically influenced with increased short-term volatility. In forex, dollar strength hits new highs, but high-yield currencies benefit from risk environment, overall net bearish on USD. Overall, institutions recommend diversified safe-haven allocations, vigilant on policy uncertainties.

Disclaimer: The above content is compiled by AI search and manually verified for publication only, not as any investment advice.