Gate News Report, March 9th, U.S. President Trump stated that he believes the Iran war is already very thorough and almost over.

Macro strategist Mark Connors stated that if the conflict between the US and Iran continues, increased fiscal spending and debt expansion could benefit Bitcoin. He pointed out that war financing will increase the supply of US dollars, weaken the currency's value, and drive Bitcoin higher. Since the conflict began, Bitcoin has risen approximately 3.6%.

Gate News Report, March 9, Iran's Supreme National Security Council Secretary Ali Larijani stated that considering the flames of war ignited by the United States and Israel in the region, the Strait of Hormuz is unlikely to achieve any security.

Gate News Report, March 9th, French President Macron stated that a convoy fleet is being assembled to reopen the Strait of Hormuz. Macron said that once the most intense phase of the war ends, escort missions can begin.

The escalation of Middle East conflicts has led to rising oil prices, prompting investors to sell off U.S. Treasuries. Analysts point out that the impact of the war leans toward inflation and budget deficits, causing the market to reassess interest rates and fiscal risks. Data shows that U.S. Treasury yields are rising.

The rapid development of the prediction market industry has attracted attention to its business models and regulatory issues. Polymarket CEO mentioned that as trading volume expands, war-related prediction markets have sparked controversy but also provide informational references. Data shows that geopolitical events have driven a significant increase in trading volume. Although the legality of war contracts remains gray area, prediction markets continue to attract substantial capital. Two companies aim for a valuation of $20 billion in their funding goals and are competing for the young user demographic.

Middle Eastern geopolitical risks have intensified, leading to a sharp decline in Asian stock markets, a surge in energy prices, and crude oil surpassing $110. Despite market concerns, cryptocurrencies like Bitcoin remain stable. Oil prices are expected to continue rising, but some traders anticipate a correction. The Federal Reserve's interest rate expectations remain stable, and future oil price increases could impact inflation.

Helius CEO Mert analyzed the impact of the US war on the cryptocurrency market, believing that the downside potential for cryptocurrencies is limited, but the upside potential is asymmetric, and the market may rebound within six months.

Gate News Report, March 9 — U.S. President Trump said in an interview with The Israel Times on Sunday that the decision on when to end the war with Iran will be a "joint" decision made with Israeli Prime Minister Netanyahu. Trump declined to comment on the election of Muqtada as Iran's new leader, only saying, "We'll see." A few hours earlier, Trump told ABC News that if Iran's next leader does not receive White House approval, he "won't last long."

Senior strategist Ed Yardeni raises the probability of a market crash to 35% due to the impact of the Iran war on global markets. The Middle East conflict and rising inflation suppress household spending and corporate profits, leading hedge funds to increase their bets against the U.S. stock market.