AiCoin Daily Report (March 5th)

AICoinOfficial · 2026-03-05T00:04:21+00:00

Federal Reserve Board Member Milan recommends continuing rate cuts in March, unchanged by the Iran conflict; Bitcoin is expected to challenge the $80,000 target; U.S. military sinks over 20 Iranian vessels; White House nominates Kevin Wash as Federal Reserve Chair; BlackRock withdraws 3,809 BTC to deposit 19,637 ETH; CFTC Chairman states perpetual contracts will enter the U.S. market; ETH whale suffers over $1.5 million in losses due to price volatility.

AICoinOfficial

2026-03-05 00:04:21

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Federal Reserve Board Member Milan suggests continuing rate cuts in March

Federal Reserve Board Member Milan stated that it is appropriate to continue rate cuts at the March meeting. The outlook has not changed due to the Iran conflict outbreak. He hopes to cut rates by 0.25 percentage points each time until the Federal Reserve’s rate reaches a neutral level, after which it will be reassessed. -Original

Analysis suggests Bitcoin may hit $80,000 target

On March 4, according to Cointelegraph, Bitcoin rose 5.21% to about $71,900. The price broke above the previous “bearish flag” upper trendline with increased volume. Analysts believe $80,000 could be the target for this rebound. The CME gap is at $79,660–$81,210. Since August 2025, nine out of ten gaps have been filled. Traders often view this range as a high-priority target. If Bitcoin does not face significant selling pressure near $74,000 in the short term, the probability of reaching $80,000 increases. Currently, the market prediction on Polymarket shows a 40% chance of Bitcoin surpassing $80,000 in March. -Original

U.S. military sinks over 20 Iranian vessels

The U.S. Central Command announced that U.S. forces have hit or sunk more than 20 vessels of the Iranian regime. -Original

White House nominates Kevin Woor to Federal Reserve Chair

The White House has submitted the nomination of Kevin Woor to the Senate for Federal Reserve Chair. -Original

BlackRock withdraws 3,809 BTC and deposits 19,637 ETH

According to The Data Nerd, BlackRock withdrew 3,809 BTC (approximately $259.8 million) from Coinbase in the past 24 hours, while depositing 19,637 ETH (about $39.74 million). -Original

CFTC Chair says perpetual contracts will enter U.S. market

The CFTC Chair stated that perpetual contracts will enter the U.S. market next month, with Bitcoin reaching $71,400. -Original

ETH whale liquidates with over $1.5 million loss

On March 4, Hyperliquid monitoring showed that due to a short-term increase of over 5% in ETH price, a whale address 0xa5e4… was liquidated in a chain reaction. The account balance once dropped to only $170,000. It has now withdrawn all remaining funds. The total loss from this liquidation exceeded $1.5 million, with a liquidation scale close to $30 million. The address had transferred about $1.7 million in principal to Hyperliquid 18 hours earlier, opening a short position on ETH at an average price of $1,940, with a peak position size of $31 million. -Original

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