Bitget UEX Daily Report | The U.S. plans to implement a 15% global tariff this week; Trump nominates Waller as Fed Chair; BlackRock continues to increase its Bitcoin holdings recently (March 5, 2026)

# 1. Hot News

Federal Reserve Dynamics

Trump officially nominates Kevin Warsh to replace Powell as Fed Chair

• The White House submits the nomination to the Senate; if confirmed, Warsh will lead a shift in monetary policy.
• Key points: Warsh, a former Fed governor, emphasizes economic resilience; the Beige Book shows most regions expect moderate growth, but consumer spending is diverging.
• Market impact: The nomination increases policy uncertainty, potentially boosting short-term dollar volatility, but may support easing expectations in the long term.

International Commodities

Iran shifts to long-term war preparations; US-Iran conflict may last for weeks

• Iran launches an emergency economic plan to ensure supply; the US Defense Secretary expects the conflict to last at least eight weeks, with over 2,000 targets struck.
• Key points: Iran denies willingness to negotiate; the US offers insurance for vessels in the Gulf; NATO condemns Iran's attacks but does not trigger collective defense.
• Market impact: Geopolitical risks elevate oil price volatility, with concerns over crude supply disruptions intensifying, though insurance measures may mitigate transportation disruption impacts.

Macroeconomic Policy

US plans to implement a 15% global tariff this week; Putin considers cutting off gas supplies to Europe

• The US Treasury Secretary states tariffs will return to normal levels by May; Putin indicates a shift to emerging markets under EU sanctions.
• Key points: The Fed's Beige Book shows optimistic economic expectations.
• Market impact: Tariffs exacerbate trade frictions; shifts in energy supply may drive up global gas prices, affecting inflation trajectories.

# 2. Market Review

Commodity & Forex Performance

• Spot Gold: Closed at $5,172.50/oz, up 0.74% + rebounding for two consecutive days.
• Spot Silver: Closed at $84.25/oz, up 0.89% + key feature: rising volatility supported by safe-haven demand.
• WTI Crude Oil: Closed at $76.01/bbl, up 1.88% + driving factors: escalation of Middle East conflict, concerns over supply disruptions dominate.
• Brent Crude Oil: Closed at $82.12/bbl, up 0.88% + driving factors: Iran's long-term war preparations heighten geopolitical risks.
• Dollar Index: Closed at 98.78, down 0.24% + driving factors: strong employment data supports, but easing inflation weakens rate hike expectations.

Cryptocurrency Performance

• BTC: 24H increase of 6.87% + continuous trend: returning above $73,000, driven by safe-haven sentiment.
• ETH: 24H increase of 7.56% + key feature: following the strong market trend, institutional inflows boost.
• Total Cryptocurrency Market Cap: 24H increase of 5.5%, total market cap at $2.54 trillion + driving factors: Trump supports crypto legislation, market sentiment improves.
• Market Liquidation Situation: 24H total liquidation amount of $592 million, long position liquidation amount of $113 million, short position liquidation amount of $479 million.
• Bitget BTC/USDT Liquidation Map: Current price around $72,739, with a dense long liquidation zone in the $70,000--$72,000 range; a drop may trigger a chain of long liquidations. Above, around $74,000--$75,000, short liquidation pressure is concentrated; if the price surges, it may trigger a short squeeze.

• BTC Spot Inflow/Outflow: On March 4, BTC spot inflow was $5.418 billion, outflow was $5.129 billion, net inflow of about $290 million.

US Stock Index Performance

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

Tech Giants Dynamics

• AMD: Up nearly 6%, benefiting from strong storage demand.
• Micron Technology: Up nearly 6%, growth in AI chip orders.
• 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 counters bubble claims.
• Meta: Up nearly 2%, positive progress in AI deployment.
• Broadcom: Up over 1%, quarterly revenue exceeds expectations. Overall rise and fall core reasons: strong economic data combined with easing inflation pressures drive broad gains in tech stocks; however, Apple and Google slightly decline due to uncertainty.

Sector Movement Observation

Cryptocurrency Concept Stocks up 10%

• Representative stocks: Coinbase, up over 14%.
• Driving factors: Trump urges Congress to advance crypto legislation, CFTC prepares to implement regulatory framework.

Storage Concept Stocks up 4%

• Representative stocks: Micron Technology, up nearly 6%.
• Driving factors: TrendForce predicts a 23.8% quarterly increase in NAND flash revenue, driven by AI demand leading to supply shortages.

Lithium Battery Stocks up 3%

• Representative stocks: QuantumScape, up over 7%.
• Driving factors: Recovery in the electric vehicle market, expectations of supply chain optimization.

# 3. In-Depth Stock Analysis

1. Broadcom - Q1 Revenue Exceeds Expectations

Event Overview: Broadcom's Q1 revenue was $19.31 billion, a 29% year-on-year increase, with AI revenue doubling to $8.4 billion, exceeding guidance; software business grew only 1%. Q2 AI revenue is expected to be $10.7 billion, a 143% year-on-year increase, with total revenue expected to rise 47% to $22 billion. The company plans to repurchase up to $10 billion in stock. Market Interpretation: Analysts believe strong AI demand will drive growth from Anthropic and OpenAI orders next year; Meta's custom chip progress is on track, and institutions generally raise target prices. Investment Insight: Starting point of the AI cycle, Broadcom has strong growth potential, suitable for long-term holding.

2. Nvidia - Jensen Huang says investment in OpenAI reaches $30 billion

Event Overview: Jensen Huang stated that the $30 billion investment in OpenAI may be the last large-scale opportunity, with OpenAI planning to go public within the year; the previous agreement cap of $100 billion has been shelved. He counters AI bubble claims, emphasizing that computing power has already brought substantial benefits. Billionaire Leo KoGuan bought 1 million shares in support. Market Interpretation: Institutional views: the industry is at a growth starting point, with supply shortages expected until 2027; Morgan Stanley is optimistic and raises target prices. Investment Insight: Accelerating AI deployment solidifies Nvidia's dominant position; short-term volatility does not change long-term potential.

3. Tesla - Musk claims to be the first to achieve general artificial intelligence

Event Overview: Musk stated that Tesla will be a leader in AGI, potentially first applied to humanoid robots, impacting the physical world. He emphasizes the potential of AGI in physical forms. Market Interpretation: Analysts believe AGI progress will reshape the automotive and robotics business, and institutions are optimistic about long-term valuation increases. Investment Insight: Technological breakthroughs may drive stock price rebounds; focus on product rollout.

4. Intel - CFO says server CPU market will see significant growth by 2026

Event Overview: Intel's CFO stated that the server CPU market will see significant growth by 2026, with supply shortages expected until 2027; factories are operating at full capacity, with strong demand. Market Interpretation: Institutional views: chip shortages benefit pricing power, target prices are raised, but competitive pressures remain. Investment Insight: Recovery in server demand may benefit Intel, but market share changes should be monitored.

5. Amazon - Layoffs in the robotics department

Event Overview: Amazon laid off some positions in its robotics department this week, continuing the streamlining actions since the end of 2022, with over 57,000 positions cut; it emphasizes that the robotics business remains a priority and provides severance support. Market Interpretation: Analysts believe cost reduction is necessary, but recruitment continues in strategic areas; institutions maintain buy ratings. Investment Insight: Cost optimization enhances profitability, with limited short-term impact.

# 4. Cryptocurrency Project Dynamics

1. Bitcoin breaks above $73,000, driven by safe-haven demand and Trump's legislative support; analysts say the rebound has sustainability.

2. Ethereum rises over 7%, with strong institutional inflows; Ray Dalio refutes Bitcoin's safe-haven narrative, not comparing it to gold.

3. Bloomberg reports that as Bitcoin prices have fallen over 40% from last October's peak, large mining companies holding over $8 billion in Bitcoin are quietly accelerating sales. Unlike previous sales to cover costs, this round of selling is reallocating funds to the AI sector.

4. Eric Trump's company adds 11,298 mining machines, expanding capacity by 3 EH/s; the family promotes crypto development. Additionally, Eric Trump posted on X platform that American Bitcoin's holdings have surpassed 6,500 BTC (an increase of over 500 BTC in the past 21 days), making it the 17th largest publicly listed Bitcoin treasury company globally.

5. Michael Saylor, founder and executive chairman of Strategy, posted on X platform stating that Strategy has strong purchasing power, with its Bitcoin buying potential exceeding the market's available supply.

6. Bitget launches the "Crypto Anti-Bias Pledge" as a key part of its International Women's Day series. The initiative focuses on three core areas: lowering educational and industry entry barriers, promoting equal career development opportunities, and implementing a "zero tolerance" policy for discrimination and harassment in professional and community environments.

7. According to Lookonchain, stablecoin issuer Circle has minted approximately $2 billion USDC in the past two days.

8. Lookonchain reports that BlackRock has recently continued to increase its Bitcoin holdings, with a net inflow of 17,642 BTC, approximately $1.28 billion, since February 24. During the same period, BTC prices have risen nearly 12%.

# 5. Today's Market Calendar

Data Release Schedule

Important Event Forecast

• 21:30 ET Initial Jobless Claims released, 3:00 AM ET Fed releases the Beige Book on economic conditions.

Institutional Views:

Analysts are generally optimistic about double-digit growth in global stock markets by 2026, despite a 35% probability of recession in the US and globally; however, AI expansion, easing cycles, and fiscal support will drive profit recovery. Precious metals and crude oil are boosted by Middle Eastern conflicts, with gold and silver prices rebounding but volatility increasing; the dollar slightly retreats, with safe-haven sentiment shifting to the crypto market, Bitcoin surging 8.6% to $73,000, with institutions claiming the rebound has legs. Risk appetite in the forex market is warming, but inflation stickiness may limit easing space. Overall, geopolitical risks dominate in the short term, but economic resilience supports market recovery.

Disclaimer: The above content is organized by AI search, with human verification for publication, and does not constitute any investment advice.