GuShiio.com Daily key market data review and trend analysis are jointly produced by PANNews and OSL.
1. Market Watch
Keywords: Trump, ETH, BTC
Recently, Bitcoin’s market performance has been significantly influenced by the words and deeds of former U.S. President Donald Trump and developments in regions such as South Korea and China. Market volatility has become the norm, with the US$1.4 billion Bybit default and recent bearish trends causing significant fluctuations in the value of Bitcoin.
Still, market analysts believe Bitcoin may have reached a strong low, indicating there is still potential for growth amid future trading fluctuations. South Korea is gradually approaching a decision on Bitcoin ETFs, drawing on Japan’s positive attitude towards digital assets. At the same time, China has decided to increase the money supply in response to economic challenges and trade tensions with the United States, a move that could catalyze Bitcoin’s rise.
Another positive factor for Bitcoin is that it is used to ensure election results at local Republican conventions, highlighting its diverse application value. In addition, one trader predicted that Bitcoin would enter a bear market phase, which could lead to a sharp decline and push Bitcoin prices to the $73,000 mark.
In contrast to Bitcoin, Ethereum’s price appears to be under pressure, showing signs of decline, signaling the possible end of its bull trend. Ethereum’s ambitious upgrade project, Petra, continues to move forward despite obvious errors on the main testing network.
In the DeFi space, Solana tokens are considered undervalued compared to Ethereum, showing future growth potential. In addition, Skate launched the first automated market maker agreement that supports cross-chain virtual machines, further enriching market options.
Despite potential bullish opportunities, Bitcoin is still struggling to cope with the negative impact of dark web links, and emotional vulnerability has further affected its performance. Therefore, market participants must expect further fluctuations that may occur in the future.
2. Key Data (as of March 7 09:30 HKT)
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S & P 500: 5,738.52 points (-2.43% during the year)
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Nasdaq: 18,069.26 points (-5.31% during the year)
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10-year US bond yield: 4.276%(-30.00 basis points during the year)
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US dollar index: 104.14 (-4.01% during the year)
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Bitcoin: US$89,919 (-3.74% during the year), daily spot trading volume was US$43.89 billion
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Ethereum: US$2,205.15 (-34.07% during the year), daily spot trading volume was US$19.99 billion 3.
3. ETF flow direction (EST as of March 5)
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Bitcoin ETF: -38.3 million US dollars
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Ethereum ETF: -63.32 million US dollars
4. Important dates (Hong Kong time)
FOMC Permanent Vote Committee, New York Fed President Williams and Federal Reserve Governor Bowman participated in a report panel discussion of the US Monetary Policy Forum organized by the University of Chicago’s Booth School of Business (March 7, 23:45)
Federal Reserve Chairman Powell delivered a speech before the 2025 U.S. Monetary Policy Forum luncheon at the University of Chicago’s Booth School of Business (March 7)
U.S. unemployment rate in February (March 7 21:30)
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Actual: None/Previous: 4% /Expected: 4%
U.S. non-agricultural employment after February adjustment (ten thousand people)(March 7 21:30)
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Actual: None/Previous: 14.3 /Expected: 15.3
US President Trump hosts the Cryptocurrency Summit at the White House (2:30 on March 8)
North America has begun to implement daylight saving time, and financial market trading hours and economic data release times in the United States and Canada will be one hour earlier than winter time. (March 9, 14:00)
5. hot news
Mint Blockchain: MINT airdrop will be unlocked in three months, with 50% unlocked for the first time
Two U.S. lawmakers plan to release “important plans” on Bitcoin next Tuesday
Market News: CANARY SUI ETF registered in Delaware
Bithumb will launch AVL tokens in the Korean won market
Movement will be launched on the main network on March 10
Japan plans to classify cryptocurrencies as new assets rather than securities regulation
Coinbase director: Trump’s latest executive order is expected to reduce $18 billion in Bitcoin selling pressure
Jin Shi: The United States has established a Bitcoin war reserve, but will not actively purchase Bitcoin additionally
Texas Bitcoin Strategic Reserve Bill Passed Senate
Jito Foundation contributors propose new JTO token economy model, including potential buybacks
YZi Labs invests in Tensorplex Labs to promote decentralized AI development
Safe{Wallet} updates the progress of the hacking investigation and confirms that North Korean hacking group TraderTraitor is behind the scenes
Insider: Manus token with the same name has no relationship with Manus AI Agent product team
World Liberty Financial and Sui reach strategic reserve cooperation
David Sacks: The government’s lack of long-term Bitcoin strategy has caused huge losses to taxpayers
Tether freezes US$28 million USDT from Russian sanctioned exchange Garantex
In the past two days, 12 wallets have deposited a total of 125 million ENAs worth US$45 million into CEX
Russian Ministry of Finance: No plans to add crypto assets to the investment structure of state welfare funds
Acting Chairman of the US CFTC: The CFTC and the SEC are discussing and cooperating on matters such as digital assets
Supported by OSL-Hong Kong’s largest over-the-counter trading platform has continued to provide regulated digital asset services to the market since 2018.
