Macroeconomics

Mexican billionaire Ricardo Salinas Pliego is heavily investing in Bitcoin, believing it can hedge against inflation and symbolize personal freedom. Robert Kiyosaki warns that a stock market crash is imminent and continues to increase his holdings in Bitcoin and precious metals, remaining confident. They both believe that Bitcoin has long-term value potential, and the current price dip is a good buying opportunity.

The worsening situation in Iran has led to market volatility, and the Federal Reserve is facing dual pressures from inflation and employment. Several important economic data releases are scheduled for next week, with a focus on the impact of core CPI and PCE on the US dollar and gold. Meanwhile, Oracle will release its earnings report on Tuesday.

On March 7th, Xinhua News Agency reported that the conflict between the United States, Israel, and Iran is affecting the Asia-Pacific region, leading to economic uncertainty and an energy security crisis. Multiple countries are calling for a halt to military actions. Southeast Asia faces trade disruptions and rising energy costs, with 64% of Malaysian companies affected. The IMF warns that the conflict will impact the global economy. Countries are actively responding, with ASEAN calling for a ceasefire and China intensifying diplomatic efforts.

Maelstrom Co-Founder Arthur Hayes warns that the risk of Middle East conflict is underestimated, and disruptions in energy flows could trigger a global economic crisis. He also mentioned that the rapid replacement of labor by artificial intelligence could lead to a credit crisis, calling for attention to liquidity issues in the financial system.

On March 7th, Qatar's Energy Minister warned that oil production in the Gulf region could cease, causing oil prices to soar to a two-year high. Analysts warn that if the situation persists for more than two weeks, it could have a significant impact on the global economy, with oil prices potentially exceeding $100 per barrel. The market expects transportation disruptions to be resolved quickly, but the increased risk of conflict and rising energy costs could slow economic growth.

BlackRock's private credit fund has restricted withdrawals due to increased redemption demands, raising concerns that this could trigger broader financial market stress and potentially impact crypto assets and decentralized finance (DeFi). Several asset management firms' stock prices have declined, and experts warn that if market pressure continues, it could lead to a deleveraging effect impacting other asset classes, including the banking system and tokenized assets.

Bokeh Capital Partners Chief Investment Officer Kim Forrest pointed out that the U.S. non-farm payroll data was below expectations, economic volatility has increased, layoffs are rising, and corporate personnel are overstaffed. She believes that the current economic measurement methods are insufficient to reflect the true situation and provide a basis for the Federal Reserve to cut interest rates.

U.S. President Trump strongly demanded Iran's "unconditional surrender" and ruled out any negotiations, leading to intensified Middle East conflict, with the clash spreading to multiple countries and causing heavy casualties. As a result, global markets became volatile, oil prices surged to nearly two-year highs, inflation fears intensified, the dollar appreciated significantly, and investor sentiment remained subdued.

As of the end of February 2026, China's foreign exchange reserves reached $3,427.8 billion, an increase of $28.7 billion compared to January. Mainly influenced by macroeconomic data and the rise of the US dollar index, factors such as exchange rate conversions and asset price changes collectively contributed to the stability of the foreign exchange reserve scale. The State Administration of Foreign Exchange stated that China's economy continues to improve, providing support for foreign exchange reserves.

This week, the cryptocurrency industry received positive news from Wall Street, but Bitcoin's price fell from $74,000 to $69,000, with a market cap evaporating approximately $110 billion. The strength of the US dollar and macroeconomic factors are putting pressure on risk assets. Short-term holders are taking profits, increasing selling pressure, but the US spot Bitcoin ETF recorded net inflows, indicating an improvement in the funding environment.

Bitcoin surrendered its $70,000 support level, triggering a broader crypto market retreat that wiped out $329 million in leveraged positions. This downturn was fueled by a perfect storm of geopolitical and macroeconomic pressures. Wiping out the ‘War Gains’ Bitcoin’s midweek resilience

Currently, the U.S. Dollar Index (DXY) is starting to play a key role in crypto trading this morning. The Dollar has crossed above its Daily 200 period moving averages on March 1, 2026, and is now testing below its Daily 200 period Exponential Moving Averages. Daan Crypto Trades called attention to

The US dollar performed strongly amid Middle East conflicts and soaring oil prices, rising 1.5% this week, the largest increase in over a year. Despite the US non-farm payroll report showing job reductions, the market remains influenced by oil prices and uncertainty, continuing to push the dollar higher.

Gate News Report, March 6 — Schroders Global Chief Economist David Rees commented on the U.S. non-farm payroll data. Rees pointed out that the non-farm employment figures were significantly below expectations, providing a basis for dovish discussions within the Federal Reserve. He stated that at least part of the deviation below expectations was due to strikes in the healthcare industry, which are expected to be reversed. Additionally, despite the soft employment report, the continued growth in labor demand persists amid the ongoing strong U.S. economic expansion. Rees mentioned that Kevin Woor, who is about to become the Federal Reserve Chair, previously expressed the view that the application of artificial intelligence would greatly enhance U.S. productivity and create room for rate cuts. However, he also noted that the recovery of the labor market and inflation risks from Middle Eastern events would weaken the need for rate cuts in the short term.

Carson Group analyst Sonu Varghese stated that despite poor employment data in February, the Federal Reserve's interest rate cut expectations for this year remain unchanged, and risks in the labor market still exist. Meanwhile, energy prices and artificial intelligence bottlenecks will keep the Federal Reserve cautious on rate cuts, and the market may only expect one rate cut.

Mexican billionaire Ricardo Salinas Pliego is heavily investing in Bitcoin, believing it can hedge against inflation and symbolize personal freedom. Robert Kiyosaki warns that a stock market crash is imminent and continues to increase his holdings in Bitcoin and precious metals, remaining confident. They both believe that Bitcoin has long-term value potential, and the current price dip is a good buying opportunity.

Gate News Report, March 6th, the Director of the U.S. White House National Economic Council, Hasset, stated that the U.S. economy is expected to grow by 4% this year and emphasized the importance of focusing on the average employment figures.

Gate News Announcement, March 6 — Annex Wealth Management Chief Economist Brian Jacobsen stated that the latest non-farm employment data deviates from expectations, with the unemployment rate rising and oil prices surging. The Federal Reserve is currently facing policy choices: whether to take measures to support the labor market or to maintain the current stance to curb inflation expectations.

Gate News Report, March 6 — The Director of the National Economic Council at the White House, Jared Bernstein, made a statement on various economic policy issues. Bernstein stated that prediction markets have their uses. Regarding Iran and oil issues, he pointed out that there will be no discussion of deploying the Strategic Petroleum Reserve (SPR) in the near future, as the military is developing a plan to ensure ship passage. When discussing tariff refunds, Bernstein said that they are monitoring lawsuits initiated by large corporations, and the private sector will agree on the specific method of refunds.

Gate News Announcement: On March 6, the U.S. Bureau of Labor Statistics released revised data, showing that non-farm payroll employment added 48,000 jobs in December, revised down to -17,000 jobs, and 126,000 jobs in January, revised from 130,000. After revisions, the total new jobs added in December and January decreased by 69,000 compared to the initial figures.