March 6

1. Bitcoin Market: Bitcoin drops sharply, closing at a low of 67,708; currently trading at 68,287. Ethereum hit a low of 1,954 and is now trading at 1,985 USD.

2. Altcoin Market: Mainstream altcoins mostly decline. SOL drops 5%, closing at 85 USD; DOGE down 2.69%, at 0.09128 USD; other altcoins see a shift in hot spots, UAI up 60%, at 0.348 USD; SIGN up 40%, at 0.04832; RIVER at 16.6 USD; OKB at 95.6 USD; PIPPIN up 3%, at 0.354 USD; BARD down 30%, at 1.31 USD; H down 11%, at 0.159 USD.

3. Neighboring Markets: U.S. stock market indices all close lower, with the Nasdaq and S&P down over 1%; European stock markets decline across the board; China's A-shares open lower but rebound, with the CSRC chairman stating plans to refine regulation of high-frequency quantitative trading; gold and silver prices rise, gold up 2%, at 5,181 USD; silver up 3%, at 84.7 USD; international oil prices surge 13%, at 91.27 USD, breaking the 90-dollar mark.

4. Current Events: Trump states, “No agreement will be reached with Iran unless they surrender unconditionally.” This statement significantly escalates the ongoing week-long war jointly initiated by Israel, causing intense market volatility.

5. Financial News: U.S. non-farm payrolls unexpectedly cool, decreasing by 92,000 jobs; market previously expected an increase of 59,000 jobs. January data revised down from 130,000 to 126,000. Unemployment rate rises to 4.4%. Traders now estimate about a 50% chance of the Fed cutting interest rates in June.

6. Cryptocurrency News: Altcoin market in a slump: 38% of altcoins are trading below their post-FTX collapse lows.

7. Cryptocurrency News: NYSE parent company ICE invests in OK.

8. Cryptocurrency News: BlackRock’s private credit fund suffers a major setback, restricting redemptions from its $26 billion private credit fund. Shares of major asset management firms decline by 4% to 6%.

9. Cryptocurrency News: 21Shares launches its first spot ETF for POLKADOT on NASDAQ.