Bitget UEX Daily Report | Trump claims swift conclusion to actions against Iran; crude oil retreats from high, US stocks rebound; surge in cryptocurrency trading in Japan (March 10, 2026)

# 1. Hot News

Federal Reserve Dynamics

No significant updates

• The market is closely watching the Federal Reserve's response to geopolitical risks, with institutions expecting a further 75 basis points rate cut by 2026 to address a weak labor market, but persistent inflation may limit the cut to above the consensus level of 3%.
• Key point: J.P. Morgan strategists note that a shift in Federal Reserve policy would support double-digit growth in global stocks, but caution against volatility caused by overheated valuations; BlackRock's investment research emphasizes that geopolitical conflicts may amplify supply chain shocks, pushing commodity prices higher.
• Market impact: Expectations of rate cuts may ease the strength of the dollar, but short-term risk aversion may boost safe-haven demand, indirectly supporting the recovery of the U.S. tech sector.

International Commodities

Trump claims military action against Iran is nearing an end, G7 postpones release of oil reserves

• Trump stated that actions against Iran are "basically over," with oil price increases falling short of expectations, leading to a retreat in crude oil prices from highs; G7 finance ministers agreed to postpone the release of strategic reserves, with an energy ministers' meeting scheduled for Tuesday to discuss potential supply disruptions.
• Key point: The closure of the Strait of Hormuz triggered a short-term spike in oil prices, but Trump warned Iran not to disrupt supply and is considering measures like releasing reserves and suspending gasoline taxes as "three arrows"; analysts believe that if the strait remains closed, any intervention will be ineffective.
• Market impact: Signals of geopolitical easing may alleviate supply concerns, but ongoing conflict risks could maintain high volatility in oil prices, boosting energy stock valuations and amplifying inflationary pressures, linking with macro policies.

Macroeconomic Policy

Putin and Trump discuss the Middle East and Ukraine, Anthropic sues the U.S. Department of Defense over supply chain risk labeling

• Putin and Trump focused their discussions on the situation in Iran and mediation in Ukraine, with Putin calling for diplomatic solutions and Trump expressing a willingness to be involved long-term; Anthropic is suing the Department of Defense, claiming its supply chain risk assessments are illegal, involving AI monitoring controversies.
• Key point: Bank of America analysts warn that Trump needs to "de-escalate" the U.S.-Iran conflict before March to win the midterm elections; otherwise, rising oil prices will lower his economic approval ratings; officials revealed that the G7 is considering releasing 300-400 million barrels of crude oil to stabilize global energy.
• Market impact: Geopolitical dialogue may stabilize market sentiment in the short term, but election pressures and supply chain disputes could exacerbate policy uncertainty, affecting cross-border investment flows and amplifying asset volatility.

# 2. Market Review

Commodity & Forex Performance

• Spot Gold: Down 0.07%, at $5142.70 per ounce, retreating for two consecutive days due to a strong dollar and oil price fluctuations.
• Spot Silver: Up 0.56%, at $87.59 per ounce, rising against the trend supported by industrial demand and safe-haven sentiment.
• WTI Crude Oil: Down 8.46%, at $86.69 per barrel, influenced by Trump's comments on quickly ending actions against Iran and the G7's postponement of reserve releases, leading to a sharp drop from highs.
• Brent Crude Oil: Down 9.72%, at $90.33 per barrel, dominated by expectations of geopolitical easing, driving a short-term correction.
• Dollar Index: Up about 0.07%, reported at 98.787.

Cryptocurrency Performance

• BTC: Up 4.37% in 24H to $69,173, rebounding continuously and testing resistance at $73,000, benefiting from ETF inflows and short squeezes.
• ETH: Up 3.65% in 24H to $2,019, experiencing a short-term pullback but with a weekly increase of over 10%, supported by staking records and reduced on-chain supply.
• Total Cryptocurrency Market Cap: Up 3% in 24H, reaching $2.43 trillion, driven by recovering institutional demand and stable Bitcoin dominance.
• Market Liquidation Situation: Total liquidation amount in 24H was $343 million, with long positions liquidated at $158 million and short positions at $184 million.
• Bitget BTC/USDT Liquidation Map: Current price at $69,096, with a dense short liquidation wall around $70,000 (accumulated short leverage up to $587 million), potentially triggering a short squeeze; a dense long liquidation wall exists between $64,000-$68,000 (accumulated long leverage at $26.77 million), posing a risk of long liquidation.

• Spot ETF Net Inflow/Outflow: Yesterday, BTC spot ETF net inflow was $57 million; ETH spot ETF net inflow was approximately $3.8 million.
• BTC Spot Inflow/Outflow: Yesterday, BTC spot inflow was $3.23 billion; outflow was $3.173 billion, with a net inflow of $57 million.

Yesterday, as Japan's Nikkei index plummeted, trading volume surged at Tokyo-based cryptocurrency exchange Bitflyer. CoinGecko data shows that Bitflyer's 24-hour trading volume increased by 200%, far exceeding Coinbase's 112% and Binance's 75%. Meanwhile, Upbit in South Korea rose by 27.1%, and Bithumb rose by 49%.

Asian trading session data shows Bitcoin against the Japanese yen rose by about 2.05%, outperforming the 1.86% increase against the U.S. dollar and 1.64% against the Korean won, reflecting a weaker yen and coinciding with a surge in trading activity in Japan. Japan's stock market fell about 6.5% on Monday, while South Korea's composite index dropped about 8%, triggering a circuit breaker. Analysts point out that the South Korean market reacts more severely to oil price shocks due to its heavy reliance on imported energy, with about 70% of crude oil coming from the Middle East. Although Japan's stock market also fell sharply, its constituent stocks are more diversified and relatively resilient, which explains why cryptocurrency trading in Japan surged despite the stock market decline.

U.S. Stock Index Performance

• Dow Jones: Up 0.50%, closing at a high level, marking a consecutive V-shaped reversal, supported by geopolitical easing and a decline in panic sentiment.
• S&P 500: Up 0.83%, characterized by a tech-led rebound, with risks of overheated valuations still present.
• Nasdaq: Up 1.38%, driven by strong demand in AI and semiconductors, with optical communication and storage concepts leading the gains.

Tech Giants Dynamics

• NVIDIA: Up nearly 3%, closing at a high price, primarily due to the launch of the NemoClaw AI platform, enhancing enterprise AI deployment capabilities.
• Google: Up nearly 3%, with strong traffic data; Claude grew by 63%, but Google's moat remains solid, driving the expansion of complex search demand.
• Apple: Up nearly 1%, with a 20% increase in inventory for the foldable iPhone, more orders from suppliers like TSMC and Foxconn; key components to be shipped from late Q2 to Q3, with a launch before year-end; featuring a liquid metal hinge, targeting the $2,000 high-end market.
• Microsoft: Slightly up 0.11%, benefiting from AI investments and geopolitical easing, supporting valuation recovery.
• Amazon: Slightly up 0.13%, boosted by improved market sentiment and expectations for e-commerce demand.
• Meta: Slightly up 0.39%, with stable platform dynamics and advertising business benefiting from economic recovery.
• Tesla: Slightly up 0.49%, with the electric vehicle sector linked to rising lithium battery concepts, primarily due to supply chain optimization and expected policy support.

Sector Movement Observation

Storage concept stocks up over 5%

• Representative stocks: SanDisk up nearly 12%, Western Digital up nearly 7%.
• Driving factors: Recovery in semiconductor demand and expansion of AI storage applications, driving revaluation of the industry chain.

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 institutional interest, amplifying the sector's leverage effect.

Optical communication concept stocks up over 6%

• Representative stocks: Applied Optoelectronics up nearly 16%, Lumentum up nearly 15%.
• Driving factors: Orders for 1.6T transceivers being fulfilled and factory expansions, marking an acceleration in the commercialization of high-speed data centers.

# 3. In-Depth Stock Analysis

1. NVIDIA - Launches OpenClaw-like AI Agent Platform NemoClaw

Event Overview: NVIDIA introduced the open-source AI agent platform NemoClaw to enterprises, allowing them to deploy AI agents to perform tasks without relying on NVIDIA chips; the platform integrates workflows, replacing manual operations, marking a shift from AI models to applications; competing with Claude's traffic surge of 63%, but Google's moat remains deep. Market Interpretation: Analysts note that this move expands the ecosystem and enhances enterprise-level AI penetration; Bank of America believes that complex search demand will benefit Google, but NVIDIA's platform may divert market share. Investment Insight: The open-source strategy of the platform may accelerate AI commercialization, making it worth considering for medium to long-term allocation to capture ecosystem expansion dividends.

2. Apple - Increases Inventory for Foldable iPhone by 20%

Event Overview: Apple has increased inventory for its first foldable phone by 20% compared to the original target, with TSMC, Foxconn, and others receiving more orders; key components are expected to ship from late Q2 to Q3, with a launch before year-end; featuring a liquid metal hinge, targeting the $2,000 high-end market. Market Interpretation: Institutional views are optimistic, expecting foldable screens to revive iPhone sales; Goldman Sachs maintains a buy rating, emphasizing that localizing the supply chain reduces risks. Investment Insight: The inventory increase signals strong demand, suggesting attention to the recovery of high-end consumer spending on Apple's ecosystem.

3. Joby Aviation - Selected for Air Taxi Pilot Program

Event Overview: The U.S. Department of Transportation has selected air taxi pilot programs, with Joby, Archer, and others participating; covering over 20 states, core tests include passenger testing at Manhattan Airport; the pilot program lasts three years, allowing real-world operations before FAA certification and partial profitability; Joby rose nearly 5% in after-hours trading. Market Interpretation: Bloomberg analysts believe this validates the feasibility of eVTOL, driving infrastructure investment; Goldman Sachs raised Joby's target price, emphasizing regulatory progress as a positive factor. Investment Insight: The pilot program accelerates commercialization, presenting potential high growth but requiring caution regarding regulatory uncertainties.

4. Huiyu Technology - Q1 Revenue Up 18% Year-on-Year for FY2026

Event Overview: Huiyu Technology reported Q1 revenue of $9.3 billion, up 18% year-on-year; network business at $2.7 billion, cloud and AI business at $6.3 billion; GAAP earnings per share at $0.31, exceeding expectations; non-GAAP earnings per share at $0.65, above forecasts; rose nearly 2% in after-hours trading. Market Interpretation: Institutional views are positive, with Bank of America maintaining an overweight rating, emphasizing strong demand for cloud AI and expecting an extended upward cycle. Investment Insight: Revenue exceeding expectations reflects the initiation of the AI investment cycle, making it suitable for allocation as a tech growth target.

# 4. Cryptocurrency Project Dynamics

1. Bitcoin may benefit from the prolonged U.S.-Iran conflict, with prices rising to $69,000, and the stock market reversing losses, supported by geopolitical risks.

2. The KAST stablecoin platform secured $80 million in Series A funding for global expansion, emphasizing privacy use cases.

3. U.S. President Trump threatened not to sign any other bills until Congress passes his priority voter ID legislation. This stance introduces uncertainty for the CLARITY bill, which is pending in the Senate and aims to structure the cryptocurrency market.

4. Michael Saylor disclosed that Strategy purchased 17,994 Bitcoins for approximately $1.28 billion between March 2 and March 8, at an average price of about $70,946; as of March 8, the company holds a total of 738,731 Bitcoins, with a total purchase cost of about $56.04 billion, and an average holding price of about $75,862.

5. Ethereum founder Vitalik Buterin stated on the X platform that the Ethereum Foundation is staking 72,000 ETH using DVT-lite technology. Vitalik expressed hope that this project will simplify and streamline institutional distributed staking, allowing users to choose the computer running the node and create a configuration file with the same keys, after which everything will be automated.

6. Bitget announced a significant upgrade to its AI infrastructure platform Agent Hub, adding two new modules, Skills and CLI, and forming a complete calling system of "MCP+API+Skills+CLI" together with last month's launched MCP and REST/WebSocket API, connecting AI models, development tools, and real trading execution links.

7. Nasdaq-listed Ethereum treasury company Sharplink released its full-year financial report for 2025, disclosing that its Ethereum holdings have increased to 868,699, including 604,618 native ETH, 208,893 ETH redeemed from LsETH, and 55,188 ETH redeemed from WeETH, along with 14,516 ETH staking rewards, making it the second-largest publicly traded company by Ethereum holdings globally.

# 5. Today's Market Calendar

Data Release Schedule

Important Event Forecast

March 10 (Tuesday)

1. The U.S. Department of Commerce will hold a roundtable on American robotics manufacturing to discuss supply chain and policy challenges.
2. After U.S. stock market hours, Oracle will release its financial report.

March 11 (Wednesday)

1. 20:30, U.S. February CPI year-on-year release, expected at 2.4%.
2. Federal Reserve Governor Michelle Bowman will deliver a speech.
3. Apple iPhone 17e and new iPad Air will go on sale.

March 12 (Thursday)

1. 20:30, U.S. initial jobless claims for the week ending March 7, expected at 21.3.
2. After U.S. stock market hours, Adobe will release its financial report.

March 13 (Friday)

1. 20:30, U.S. January core PCE price index year-on-year release, expected at 3.1%;
2. Japanese Prime Minister Fumio Kishida will meet with Canadian Prime Minister Mark Carney to discuss the Middle East situation.

Institutional Views:

Renowned investment bank analysts hold a cautiously optimistic view on market trends within 24 hours. J.P. Morgan emphasizes that the potential for double-digit growth in global stocks stems from strong earnings and Federal Reserve rate cuts, but geopolitical conflicts may amplify volatility, recommending selling oil at $90 per barrel and buying 30-year U.S. Treasuries. BlackRock points out that Middle Eastern supply shocks are raising commodity risk premiums, with a gold price target of $6,500 and silver cup-and-handle pattern aiming at $120. Bank of America warns that Trump needs to ease U.S.-Iran tensions before March to stabilize oil prices; otherwise, midterm election risks will increase; regarding the cryptocurrency market, analysts believe BTC's rebound to $73,000 is aided by ETF inflows of $787 million, ending five weeks of outflows, but the total market cap of $2.51 trillion remains influenced by geopolitical factors, increasing short-term volatility. In forex, the dollar is strong, reaching new highs, but high-yield currencies benefit from the risk environment, with an overall net bearish outlook on the dollar. Overall, institutions recommend diversifying allocations to hedge assets and remain vigilant about policy uncertainties.

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