Iran Claims Responsibility for Missile Strike on Israeli Prime Minister's Office and Israeli Air Force Commander Target

March 2 — Digital asset products saw $1 billion in inflows last week, ending a five-week streak of $4 billion in outflows, according to a CoinShares report. Market sentiment was buoyed by price weakness, a technical reset, and support from whale accumulation. From a macro standpoint, no single catalyst drove the sentiment shift, but prior price declines, breaks below key technical levels, and renewed accumulation by large Bitcoin holders appear to have fueled the reversal. More specifically, recent client discussions have centered almost entirely on identifying entry points rather than cutting exposure to the asset class. Bitcoin was the top beneficiary, posting $881 million in inflows — though Bitcoin bear products also saw $3.7 million in inflows, underscoring ongoing divergence in market views. Ethereum recorded $117 million in inflows, its largest weekly haul since mid-January. Both Bitcoin and Ethereum remain in net outflow territory year-to-date. Solana added $53.8 mi

On March 2, Middle East tensions pushed oil prices higher and stoked inflation fears, prompting currency markets in the U.S., U.K. and Eurozone to scale back bets on interest rate cuts. Per swaps linked to policy meeting dates: - The Federal Reserve’s likelihood of cutting rates three times in 2026 fell from nearly 50% last week to 20%. - Traders no longer expect the Bank of England to deliver three rate cuts this year; the probability of a March cut dropped from over 80% to 60%. - Odds of the European Central Bank cutting rates this year were halved, with markets pricing in just 5 basis points of easing.

March 2nd: Amid geopolitical turmoil, European stocks opened sharply lower and traded poorly midday, while U.S. stock pre-market sessions saw declines across the three major indexes. Mainstream centralized (CEX) and decentralized (DEX) exchange funding rates now signal a market-wide shift back to bearish sentiment—after a rebound to neutral on Sunday. Specific funding rates for key cryptocurrencies are in the attached chart. **BlockBeats Note:** Funding rates are fees set by crypto exchanges to align perpetual contract prices with underlying asset prices. They facilitate fund transfers between long and short traders (exchanges do not collect these fees) and adjust traders’ holding costs or profits to keep contract prices close to the underlying asset’s value. **Funding Rate Guidelines:** - 0.01% = baseline rate - Above 0.01% = broad bullish sentiment - Below 0.005% = broad bearish sentiment

On March 2nd, IAEA Director General Rafael Grossi stated that Iran’s nuclear facilities were largely unaffected by the attack, with no signs indicating the sites were targeted. (Golden Ten)

U.S. Central Command (CENTCOM) confirmed on March 2 that three U.S. F-15E fighter jets were mistakenly shot down by Kuwaiti air defense forces amid intense combat, resulting in the loss of all three aircraft.

March 2nd — Per Onchain Lens monitoring, BlackRock has transferred 1,134 BTC to Coinbase in the past 15 minutes, valued at roughly $74.95 million. The firm may continue making additional deposits.