星球日报|3月 10, 2026 16:05
**[Analysis: Concerns Over Oil Supply Shock Ease, Bitcoin and Crypto Stocks Rise, Market Sentiment Improves]**
Odaily Planet Daily News – As concerns over a potential oil supply shock eased, Bitcoin continued to rise on Tuesday, driving improved risk appetite in global markets. The International Energy Agency (IEA) announced on Tuesday that it would hold an extraordinary meeting to discuss the release of emergency oil reserves. WTI crude oil prices subsequently fell to $82, after surging to nearly $120 over the weekend. Meanwhile, the S&P 500 and Nasdaq 100 indices rose about 0.5% by midday.
Crypto-related stocks also climbed: stablecoin issuer Circle (CRCL) rose 6%, with a two-week cumulative gain of nearly 100%; digital asset infrastructure company BitGo (BTGO) gained over 8%; blockchain company Figure (FIGR) surged 12%. UK Bitcoin treasury company Stack BTC (STAK) announced that Nigel Farage had joined, pushing its cumulative gains to over 200%.
The correlation between Bitcoin and software stocks ETF (IGV) is weakening, indicating that BTC may begin to exhibit more independent movement during periods of macroeconomic uncertainty. (CoinDesk)
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