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BlockBeats News, March 6th, according to DefiLlama data, Hyperliquid's total revenue has surpassed $1 billion, reaching $1.027 billion. The revenue in February was $62.06 million, a 9.8% decrease compared to the previous month, with an average daily revenue in February of approximately $2.21 million.

Former Bank of Japan official in charge of monetary policy, Eiji Maeda, stated that even with the uncertainty brought by the Iran conflict, after the Bank of Japan kept rates unchanged in March, the probability of a rate hike in April remains about 50%. He believes the chances of a rate hike in either April or June are evenly split, but an April hike would be more prudent. Overnight swap markets show traders expect about a 60% chance of a rate hike in April. Maeda pointed out that if the Bank of Japan does not act in April, the yen may weaken further, and breaking above 160 against the US dollar would increase market risk. Currently, the yen is "quite weak," and a slight rebound would be more comfortable for businesses and households.

Foresight News reported that Matrixport tweeted, "Over the past year, the anticipated altcoin rally in the market has failed to materialize as expected. In previous cycles, bitcoin's rise would usually lead to capital spillover, gradually transmitting to the altcoin sector. However, in this cycle, this transmission mechanism has significantly weakened, mainly due to the following reasons. First, retail investors, who are an important driving force behind altcoin demand, have shown relatively low participation in this cycle. At the same time, many crypto projects lack new narratives strong enough to drive the market and have failed to provide solutions with real-world application value. More critically, the market still faces continuous supply pressure from early investors. Ongoing token unlocks and liquidity releases continually bring new selling pressure, making market rebounds more likely to be blocked on the supply side. As a result, altcoins as a whole remain under sustained pressure, and investor sentiment is generally frustrated. However, there are still some segments in the market showing relative strength, and such opportunities can often be identified through some simple market structure signals."