Bitget UEX Daily | US Plans to Implement 15% Global Tariffs This Week; Trump Nominates Walsh as Fed Chair; BlackRock Continues to Increase Bitcoin Holdings Recently (March 05, 2026)

I. Key Headlines

Federal Reserve Dynamics

Trump Formally Nominates Kevin Walsh to Replace Powell as Fed Chair

• White House submits nomination to Senate, Walsh if confirmed will lead monetary policy shift.
• Key points: Walsh previously served as Fed governor, emphasizes economic resilience; Beige Book shows most regions expect moderate growth, but consumer spending diverges.
• Market impact: Nomination boosts policy uncertainty, potentially elevating short-term dollar volatility, but long-term may support easing expectations.

International Commodities

Iran Turns to Long-Term War Preparations, US-Iran Conflict May Last Weeks

• Iran launches emergency economic plan to secure supplies, US Defense Secretary estimates conflict at least eight weeks, US has struck over 2,000 targets.
• Key points: Iran denies willingness to negotiate, US provides Persian Gulf vessel insurance; NATO condemns Iran attacks but does not trigger collective defense.
• Market impact: Geopolitical risks elevate oil price fluctuations, crude supply interruption concerns intensify, but insurance measures may alleviate transportation interruption impacts.

Macroeconomic Policy

US Plans to Implement 15% Global Tariffs This Week, Putin Considers Actively Cutting Off European Natural Gas

• US Treasury Secretary says tariffs will return to normal levels within five months; Putin states under EU ban will pivot to emerging markets.
• Key points: Fed Beige Book economic expectations optimistic.
• Market impact: Tariffs exacerbate trade frictions, energy supply pivot may push up global natural gas prices, influencing inflation paths.

II. Market Recap

Commodities & Forex Performance

• Spot Gold: Closed at 5,172.50 USD/oz, +0.74% + two consecutive days of rebound.
• Spot Silver: Closed at 84.25 USD/oz, +0.89% + key feature: volatility rising, supported by safe-haven demand.
• WTI Crude: Closed at 76.01 USD/bbl, +1.88% + driving factors: Middle East conflict escalation, supply interruption concerns dominant.
• Brent Crude: Closed at 82.12 USD/bbl, +0.88% + driving factors: Iran long-term war preparations intensify geopolitical risks.
• Dollar Index: Closed at 98.78, -0.24% + driving factors: strong employment data support, but inflation relief weakens rate hike expectations.

Cryptocurrency Performance

• BTC: 24H +6.87% + continuous trend: returns above 73,000 USD, safe-haven sentiment drives rebound.
• ETH: 24H +7.56% + key feature: follows broad market strength, institutional inflows boost.
• Crypto Total Market Cap: 24H +5.5%, total 2.54 trillion USD + driving factors: Trump supports crypto legislation, market sentiment warms.
• Market Liquidation: 24H total liquidation amount 5.92 billion USD, long liquidation amount 1.13 billion USD, short liquidation amount 4.79 billion USD.
• Bitget BTC/USDT Liquidation Map: Current price approx. 72,739, downside 70,000–72,000 interval has dense long liquidation zone, once pulled back may trigger chained long liquidations. Upside 74,000–75,000 nearby short liquidation pressure more concentrated, if price surges upward, may trigger short squeeze.

• Spot ETF Net Inflow/Outflow: BTC spot inflow/outflow: March 4, BTC spot inflow 54.18 billion USD, outflow 51.29 billion USD, net inflow approx. 2.9 billion USD.

US Stock Index Performance

• Dow Jones: +0.49% + continuous trend: mild rebound, departs from recent lows.
• S&P 500: +0.78% + key feature: services data strong, alleviates inflation concerns.
• Nasdaq: +1.29% + sector driving factors: tech stocks lead gains, AI and storage sectors active.

Tech Giants Dynamics

• AMD: Up nearly 6%, benefits from strong storage demand.
• Micron Technology: Up nearly 6%, AI chip orders growth.
• Amazon: Up nearly 4%, data center power commitments boost.
• Tesla: Up over 3%, Musk emphasizes AGI potential.
• Nvidia: Up nearly 2%, invests in OpenAI and rebuts bubble theory.
• Meta: Up nearly 2%, AI deployment progress positive.
• Broadcom: Up over 1%, fiscal quarter revenue exceeds expectations. Overall rise/fall core reasons: strong economic data overlaid with inflation pressure relief, drives tech stocks broad gains; but Apple, Google slightly fall, affected by uncertainties.

Sector Anomaly Observation

Cryptocurrency Concept Stocks +10%

• Representative stock: Coinbase, +over 14%.
• Driving factors: Trump urges Congress to advance crypto bills, CFTC prepares to implement regulatory framework.

Storage Concept Stocks +4%

• Representative stock: Micron Technology, +nearly 6%.
• Driving factors: TrendForce predicts NAND flash revenue quarterly increase 23.8%, AI demand pulls supply shortages.

Lithium Battery Stocks +3%

• Representative stock: QuantumScape, +over 7%.
• Driving factors: electric vehicle market warms, supply chain optimization expectations.

III. In-Depth Stock Analysis

1. Broadcom - First Fiscal Quarter Revenue Exceeds ExpectationsEvent Overview: Broadcom first fiscal quarter revenue 19.31 billion USD, year-over-year increase 29%, AI revenue doubles to 8.4 billion USD, higher than guidance; software business only increases 1%. Second fiscal quarter AI revenue expected 10.7 billion USD, year-over-year increase 143%, total revenue expected increase 47% to 22 billion USD. Company plans up to 10 billion USD stock buyback. Market Interpretation: Analysts believe AI demand strong, next year Anthropic and OpenAI orders will drive growth; Meta custom chip progress smooth, institutions generally raise target prices. Investment Insight: AI cycle starting point, Broadcom growth potential strong, suitable for long-term holding.
2. Nvidia - Huang Jen-Hsun Says Investment in OpenAI Reaches 30 Billion USDEvent Overview: Huang Jen-Hsun states investment in OpenAI 30 billion USD may be last large-scale opportunity, OpenAI plans to go public within the year; previous agreement upper limit 100 billion USD has been shelved. Rebuts AI bubble theory, emphasizes computing power has brought substantial returns. Billionaire Leo KoGuan buys 1 million shares in support. Market Interpretation: Institutional views: industry at growth starting point, supply shortages to 2027; Morgan Stanley bullish, target price raised. Investment Insight: AI deployment progress positive, Nvidia leading position stable, short-term fluctuations do not change long-term potential.
3. Tesla - Musk Says Will Lead in Achieving General Artificial IntelligenceEvent Overview: Musk states Tesla will become AGI leader, possibly first applied to humanoid robots, influencing physical world. Emphasizes AGI physical form potential. Market Interpretation: Analysts believe AGI progress will reshape auto and robotics business, institutions bullish on long-term valuation uplift. Investment Insight: Technology breakthrough may drive stock price rebound, focus on product landing.
4. Intel - CFO Says Server CPU Market 2026 Significant GrowthEvent Overview: Intel CFO states server CPU market 2026 substantial growth, supply shortages to 2027; factories over capacity operation, demand strong. Market Interpretation: Institutional views: chip shortages benefit pricing power, target price raised, but competition pressure still exists. Investment Insight: Server demand warms, Intel may benefit, but need to be cautious of market share changes.
5. Amazon - Robotics Department LayoffsEvent Overview: Amazon this week lays off some positions in robotics department, as continuation of streamlining actions since end of 2022, has laid off over 57,000 positions; emphasizes robotics business still key focus, provides severance support. Market Interpretation: Analysts believe cost reduction necessary, but strategic areas hiring continues; institutions maintain buy rating. Investment Insight: Cost optimization elevates profitability, short-term impact limited.

IV. Cryptocurrency Project Updates

1. Bitcoin breaks through 73,000 USD, driven by safe-haven demand and Trump legislation support, analysts say rebound has continuity.
2. Ethereum up over 7%, institutional inflows strong; Ray Dalio rebuts Bitcoin safe-haven narrative, not comparable to gold.
3. Bloomberg reports, as Bitcoin price falls over 40% from last October high, large mining companies holding over 8 billion USD Bitcoin are quietly accelerating sales. Unlike previous sales to cover costs, this round of sales funds are reallocating to artificial intelligence field.
4. Eric Trump company adds 11,298 mining machines, expands 3 EH/s; family promotes crypto development. Additionally, Eric Trump posts on X platform stating, American Bitcoin holdings have broken through 6,500 coins (increased over 500 coins in past 21 days), becoming global 17th largest listed Bitcoin treasury company.
5. MicroStrategy founder and executive chairman Michael Saylor posts on X platform stating, MicroStrategy possesses strong purchasing power, its Bitcoin buying potential exceeds market available for sale quantity.
6. Bitget releases "Crypto Anti-Bias Pledge", as important component of its International Women's Day series activities. This initiative focuses on three core directions: lowering education and industry entry thresholds, promoting equal career development opportunities, and implementing "zero tolerance" policy for discrimination and harassment behaviors in professional and community environments.
7. According to Lookonchain, stablecoin issuer Circle has minted approx. 2 billion USD USDC in past two days.
8. Lookonchain states, BlackRock recently continues to increase Bitcoin holdings, net inflow 17,642 BTC since February 24, approx. 1.28 billion USD. In same period, BTC price cumulative increase nearly 12%.

V. Today's Market Calendar

Data Release Schedule

Key Events Preview

• Initial Jobless Claims Release: 21:30 ET - Weekly initial jobless claims release, 03:00 ET Fed releases economic conditions Beige Book.

Institutional View

Analysts generally bullish on 2026 global stocks double-digit growth, despite US and global recession probability 35%, but AI expansion, rate cut cycle and fiscal support will drive earnings recovery. Precious metals and crude oil boosted by Middle East conflict, gold silver prices rebound but volatility intensifies; dollar slightly falls back, safe-haven sentiment pivots to crypto market, Bitcoin surges 8.6% to 73,000 USD, institutions say rebound has legs. Forex market risk appetite warms, but inflation stickiness may limit easing space. Overall, geopolitical risks short-term dominant, but economic resilience supports market recovery.

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