Crypto Macro News and Global Policy Updates

The article discusses a significant increase in Iranian cryptocurrency outflows, rising by 700% following US-Israeli airstrikes, highlighting the impact of geopolitical events on crypto markets.

Bitcoin briefly declined in the US following news of strikes against Iran, but then rebounded, with trading prices surpassing pre-attack levels, indicating the market's low sensitivity to risk. After a significant correction, Bitcoin consolidated in the $60,000 to $70,000 range, retail participation decreased, and overall inflows weakened, resulting in a smaller impact from the new shock.

Bitcoin plunged and then rebounded after the US and Israel airstrikes on Iran, reaching a high of $70,110, currently around $68,500. Capital outflows from Iran's largest crypto exchange Nobitex surged by 700%, indicating that cryptocurrencies are becoming a channel for capital flight. VanEck's CEO believes the market is in a bottoming phase and remains optimistic about the future. Meanwhile, JPMorgan's Dimon warns of inflation risks, showing that geopolitical uncertainties continue to impact the market.

Chainlink CCIP has completed the cross-chain bridging of Coinbase's wrapped Bitcoin token cbBTC, allowing over $5 billion in assets to enter the Monad DeFi ecosystem. This marks Bitcoin's transition from "hold-only, no use" to "on-chain yield asset," accelerating its liquidity options within DeFi.

The UK Gambling Commission plans to explore crypto payments to combat illegal gambling activities and promote digital transformation. The commission is working with the Financial Conduct Authority (FCA) to implement a compliance framework by 2027, requiring operators to adhere to strict eligibility testing. This move aims to improve market efficiency, crack down on black markets, and protect consumers, establishing a safe and legal gambling environment.

Yesterday, the total net inflow of SOL spot ETFs reached $17,409,000, with Bitwise Solana Staking ETF net inflow of $16,020,800 and Fidelity Solana Fund ETF net inflow of $772,400. The current total net asset value of SOL spot ETFs is $827 million, with a historical total net inflow of $951 million.

Analysts and mining operators say that military actions by the US and Israel against Iran will not have a significant impact on global Bitcoin mining hash rate, as Iran's actual share of the global hash rate is less than 1%. Claims circulating on social media about a 5% collapse in Iran's hash rate are considered to be seriously exaggerated. The market impact stems from risk sentiment and geopolitical uncertainty rather than hash rate disruptions. Iran's crypto activities are limited by unstable electricity supply and complex regulations, leading to a 700% increase in capital outflows.

Bitcoin has recently rebounded strongly, reaching $68,990, with MicroStrategy increasing its Bitcoin holdings to over 720,000 coins. Nasdaq plans to launch binary options contracts to enter the prediction market. Additionally, the market is affected by tensions between the US and Iran, with investor sentiment leaning towards caution. Future data, including economic indicators from the Eurozone and the United States, will become the focus of attention.

Yesterday, XRP spot ETF net inflow reached $6,965,900, with Bitwise XRP ETF having the highest net inflow of $4,689,600, and Franklin XRP ETF with a net inflow of $2,276,200. Currently, the total net asset value of XRP spot ETFs is $1.022 billion, with a net asset ratio of 1.20%.

President Trump issues a "tremendous" warning about U.S.-Israel military actions, causing extreme volatility in global markets: gold and silver are being sold off massively, while Bitcoin and Ethereum are rising against the trend, with the crypto market cap increasing by approximately $100 billion. Trump's remarks indicate that larger military actions may be forthcoming, and market volatility is unlikely to subside in the short term.

After the United States and Israel launched airstrikes on Iran, the assets withdrawal volume of Iran's largest cryptocurrency exchange Nobitex surged by 700%, with the highest single-hour outflow approaching $3 million. However, due to strict internet blockades, the outflow quickly declined. Two major forensic agencies have differing opinions on the reason for the capital outflow: Elliptic considers it a sign of capital flight, while TRM Labs believes it is a blockade effect causing market activity to stagnate. The Iranian public has long relied on cryptocurrencies to cope with financial sanctions and banking system crises.

TD Securities suggests that tokenization may soon reach a pivotal point as the NYSE proposes an ATS for tokenized stocks. This initiative could transform market structure by enabling 24/7 trading and almost instant settlements, subject to regulatory approval.

Digital asset investment products snapped a five-week losing streak last week, recording roughly US$1 billion of net inflows as investor sentiment shifted from retreat to opportunistic buying. The latest CoinShares weekly report says the move reversed a cumulative US$4 billion of outflows, marking a

Bitcoin has recently surged significantly, breaking through $70,000, mainly due to over $1 billion in institutional funds flowing back into cryptocurrency ETFs, ending five weeks of outflows, and successfully breaking through the downward trend line. Additionally, the Iran conflict has boosted inflation expectations, enhancing Bitcoin's appeal in an inflationary environment, leading to a rebound in market bullish sentiment.

Bitcoin faces mounting pressure from escalating geopolitical tensions, yet Bitwise says extreme risk spikes have historically preceded strong medium-term gains, positioning the cryptocurrency for a potential rebound as macro liquidity and inflation dynamics evolve. Bitwise Emphasizes Bullish

U.S. crypto regulation is under active legislative debate as lawmakers push the Clarity Act, with Ripple CEO Brad Garlinghouse and White House crypto czar David Sacks actively advocating for the bill’s advancement amid ongoing negotiations. White House Adviser Brokers Fragile Truce Between Wall

Bitcoin mining company Riot Platforms announced its 2025 performance, with revenue reaching $647.4 million, a new record high. The company mined 5,686 Bitcoins throughout the year, generating $576.3 million in revenue. The CEO stated that the company is accelerating its transformation towards AI and high-performance computing infrastructure to create long-term value.

On March 2nd, the US Dollar Index surged by 0.79%, closing at 98.382. The euro and British pound declined against the US dollar, while the Japanese yen, Swiss franc, Canadian dollar, and Swedish krona appreciated against the US dollar.

ChainCatcher reports that, according to Jintiao, CME "Federal Reserve Watch" shows a 2.5% probability that the Federal Reserve will cut interest rates by 25 basis points by March, and a 97.5% probability of holding rates steady. By April, the probability of a total 25 basis point cut is 16.3%, with an 83.4% chance of no change, and a 0.4% chance of a total 50 basis point cut. By June, the probability of a total 25 basis point cut is 40.3%.