#财神每日币圈资讯

March 5

1. Bitcoin Market: Bitcoin continues yesterday's violent rebound, reaching a high of $74,064, currently trading at $72,754; Ethereum's high was $2,198.99, now at $2,131.83. Despite this, it hasn't broken through the 2200 mark.

Comment: Once it breaks above $70,000, a rebound should follow.

2. Altcoin Market: Bitcoin warms up, altcoins are being drained; aside from mainstream altcoins, most perform average. SOL is weaker, up 4%, at $80.71; DOGE surges 10%, at $0.0994; PIPPIN drops 12%, at $0.34; RIVER rises then falls, at $18.5; Q experienced a flash crash this morning, now down 50%; EDGE drops 36%.

Comment: Flash crashes are trending lately; be cautious if you're trading altcoins.

3. Neighboring Markets: U.S. stocks' three major indices all rose, with the Nasdaq up over 1%. Micron Technology and Intel gained over 5%; the major A-shares fell 1%, with most stocks declining; gold slightly rebounded to $5,151; silver closed at $83.77; oil prices continued to surge 2%, at $76.11.

Comment: Yesterday's global stock market crash released some risk. Without other major negative news, the crash is an opportunity to buy the dip. A rebound is expected next; today, the major A-shares and Asia-Pacific stocks probably won't perform badly. Regarding gold and silver, the Little God still maintains the "double top" pattern. Oil prices, supported by the positive news of the Strait of Hormuz closure, may continue to be supported.

4. Current Events: Wang Yi spoke with the Saudi Foreign Minister and the UAE Foreign Minister by phone: China will send a Middle East envoy to mediate.

5. Current Events: The US-Iran situation continues to escalate. US Defense Secretary states that strikes on Iran are "no longer following the rules of engagement"; the US Senate held its first vote on the Iran War Powers Resolution, which did not pass, stopping Trump from striking Iran without Congressional approval.

6. Financial News: The world's largest gold ETF, SPDR Gold Trust, reduced holdings by 18 tons compared to the previous day, the largest single-day reduction since April 2013, with current holdings at 1,081.038 tons.

7. Financial News: The White House officially nominated Kevin W. Warsh to succeed Stephen M. in the Federal Reserve Chairmanship, and submitted the nomination to the Senate.

8. Cryptocurrency News: Cbase calls for the removal of the UK Central Bank's stablecoin holding limit.

9. Institutional and On-Chain Updates: Michael Saylor states that Strategy Bitcoin's buying potential exceeds the market supply; BlackRock bought over 17,000 Bitcoins in the past week, worth approximately $1.28 billion.