Preview: U.S. "Nonfarm Payrolls" Data to Be Released Tonight, Preview from 12 Institutions

U.S. Treasury Secretary Yellen said on March 4 that a tariff hike to 15% is expected to take effect this week. (FX168)

On March 4, Decrypt reported that Bitcoin’s ongoing rally pushed it above $71,000 for the first time in three weeks. Still, its upward momentum hinges on the broader liquidity environment and geopolitical risks. Altura co-founder and CEO Ranveer Arora noted: “ETF inflows keep providing structural buying support, but more direct drivers appear to be position adjustments, reduced post-halving supply elasticity, and improved liquidity expectations. In crypto, once selling pressure eases and positions rotate, leverage and derivative flows often speed up price discovery.” Arora added Bitcoin’s trend remains tightly linked to global liquidity—calling it a “high-beta proxy for global liquidity, not a traditional defensive asset.” LetsExchange Chief Product Officer Alex J. said Bitcoin’s climb to $71,000 was “largely fueled by rising geopolitical tensions and growing uncertainty.” When asked if the rebound will last, Alex J. replied: “Unlikely—but we don’t expect a sharp drop either.” He

March 4: Onchain Lens data shows the WLFI team transferred 146M WLFI tokens to OKX and Bitget, with the assets valued at ~$15.38M.

March 4 — U.S. Treasury Secretary Janet Yellen addressed oil and Iran in remarks Monday, saying the oil market has sufficient supply and a series of related statements will be issued. Regarding Iran, she stated: “We have full control of Iranian airspace. We will destroy Iran’s ballistic missiles and shelters in the coming days.”

March 4th, Binance Alpha launched the second round of the Fabric Protocol (ROBO) airdrop. Users with at least 240 Binance Alpha Points can claim 600 ROBO tokens on a first-come, first-served basis. If rewards aren’t fully distributed, the points threshold will automatically drop by 5 points every 5 minutes. Claiming this airdrop costs 15 Binance Alpha Points. Users must confirm their claim on the Alpha event page within 24 hours—otherwise, it’ll be considered a waiver of the airdrop.

On March 4, QCP released its daily market analysis, noting: "The Strait of Hormuz remains closed, tightening energy supplies and pushing prices higher. Brent crude is trading at $83 per barrel, while Dutch natural gas (TTF) has jumped 50% to $55. Additionally, refining facilities have been targeted in attacks, and maritime insurance providers have pulled out of the market—despite Washington’s proposed guarantees and a naval escort plan." A chain reaction has now hit the AI and tech sectors. South Korea—highly dependent on energy imports and home to several top semiconductor firms—is under pressure, with the Korea Composite Stock Price Index (KOSPI) down 20% from its recent high. We expect market volatility to persist. However, if supply disruptions continue, pressure to reopen the Strait of Hormuz may grow. Notably, Bitcoin has outperformed more mainstream risk assets, a development worth watching that could serve as an early sign of stabilizing market sentiment.