Macro strategist Mark Connors stated that if the conflict between the US and Iran continues, increased fiscal spending and debt expansion could benefit Bitcoin. He pointed out that war financing will increase the supply of US dollars, weaken the currency's value, and drive Bitcoin higher. Since the conflict began, Bitcoin has risen approximately 3.6%.

Gate News Report, March 9th, Refinitiv data shows that bets in the inflation swap market reflect traders' expectations that consumer inflation in the United States will accelerate to about 3% over the next 12 months, up from approximately 2.4% at the end of February. Market analysis suggests that inflation concerns are mainly focused on the short term, related to the ongoing conflict with Iran. Expectations for the 12-month inflation rate starting one year from now are more moderate, remaining around 2.4%.

Gate News Report, March 9th, according to Lookonchain monitoring, today the US Bitcoin ETF experienced a net outflow of 5409 BTC, Ethereum ETF had a net outflow of 36599 ETH, and Solana ETF saw a net outflow of 68933 SOL.

According to Bloomberg analyst Eric Balchunas, the USO crude oil ETF experienced unusually high trading activity on March 9, with a single-day trading volume exceeding $7.6 billion, setting a new record. Since it primarily tracks oil prices through futures contracts, long-term holding may face cost and price retracement risks, so investors should exercise caution. This surge in trading volume mainly resulted from the participation of professional traders and high-risk retail investors.

This week will release the US February CPI and unemployment data, as well as the January PCE Price Index. Meanwhile, US and Israeli military actions may impact oil transportation through the Strait of Hormuz. The implied volatility of major maturities has risen significantly, with BTC short-term IV exceeding 65%, ETH short-term IV exceeding 80%, and the skew indicator declining.

Gate News Announcement, March 9, US Bank stated in its latest report that the February CPI report is unlikely to change the Federal Reserve's short-term policy stance. The bank expects the February CPI report to continue showing moderate growth in consumer prices, with both the overall CPI and core CPI expected to increase by 0.3% month-over-month.

On March 9th, gold prices fell to $5105.10 per ounce, while silver prices slightly increased to $84.679 per ounce. The US dollar against the Chinese yuan slightly declined, while it slightly rose against the Japanese yen. Major European stock indices generally declined, while WTI and Brent crude oil prices increased by 7.55% and 8.34%, respectively. The Gate platform supports trading of various financial products.

JPMorgan warns that the Iran conflict could cause the S&P 500 to drop by 10% due to rising tensions in the Middle East and oil prices exceeding $100. Investors are unprepared, with current positions being neutral and lacking risk mitigation strategies. If the situation improves, market risks could quickly diminish.

Gate News Announcement, March 9th, Polymarket will launch binary options on the S&P 500 Index (a benchmark index of the US stock market), a derivative product predicting price increases or decreases.

Gate US received a remittance license in Wisconsin on March 9, increasing its total MTL holdings to 35, covering 46 jurisdictions in the United States, further strengthening its regulatory presence. The company will continue to expand its global compliant operations to ensure the security and stability of digital asset services.