Odaily Planet Daily News: The crypto market experienced the largest short squeeze since the “1011 crash” this week, with investor sentiment shifting from fear to greed. Data analysis platform Nansen researcher Nicolai Sondergaard stated that increasing uncertainty about the Federal Reserve's independence and rising geopolitical concerns are structural bullish factors for Bitcoin. Although precious metals remain the main beneficiaries of the current market environment, Bitcoin is increasingly becoming part of discussions about alternative reserve assets, and a criminal investigation into Federal Reserve Chair Jerome Powell could bring “risk premium” to BTC. Market data shows that Bitcoin's price has risen 10.6% since the beginning of the year, while the US dollar index (DXY) has increased by 0.75% during the same period. (Cointelegraph)
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
BTC 15-minute sharp decline of 1.60%: Bullish liquidation and risk aversion sentiment intensify short-term selling pressure
2026-03-03 16:30 to 16:45 (UTC), BTC experienced significant short-term volatility, with price ranges between 67485.3 and 68829.8 USDT, yielding a return of -1.60%, and an amplitude reaching 1.95%. At the edge of extreme panic and market bottom, investor attention continues to rise, and trading activity fluctuates with increased volatility.
The main driver of this movement is leveraged unwinding and long liquidations in the derivatives market. Data shows that the funding rate is negative (-0.0081%), with retail longs accounting for as much as 65%, indicating a market where "retail investors chase gains, while institutions are on the other side."
GateNews20m ago
Bitcoin Miner MARA Says It May Sell BTC Holdings in Strategy Shift
MARA, a Bitcoin mining firm, plans to sell more of its $3.6 billion Bitcoin stash to support its expansion into AI. After selling $413 million worth in 2025 and with fluctuating holdings projected, the strategic shift moves towards becoming a comprehensive digital infrastructure company.
Decrypt26m ago
Bitcoin slides 3% as assets rout; Gold smashes to $5K on oil fears
Bitcoin (CRYPTO: BTC) pulled back from its recent tilt toward the $70,000 threshold as geopolitical tensions in the Middle East intensified concerns about oil supply and global inflation. The closure of the Strait of Hormuz sparked a broad risk-off mood, with equities slipping and safe-haven
CryptoBreaking32m ago
BTC Breaks Through 68,000 USDT
Gate News bot message, Gate market display, BTC breaks through 68,000 USDT, current price 68,003.2 USDT.
CryptoRadar1h ago
