Bitget UEX Daily Report｜The U.S. plans to announce specific measures for economic warfare against Iran; Waller's speech at Jackson Hole is approaching; NVIDIA servers reported to increase prices by 15% (August 24, 2026)

# 1. Hot News

Federal Reserve Dynamics

Kevin Walsh's speech at Jackson Hole approaches, long-term treasury bonds face further selling risks

• Federal Reserve Chairman Kevin Walsh will speak at Jackson Hole at 10 AM Eastern Time on August 28, with the market seeking his stance on persistent inflation and fiscal issues.
• Walsh has provided little forward guidance since taking office, and previous speeches have triggered bond market sell-offs, making the market highly sensitive to his communications.
• Institutions warn that if clear information is still lacking, it may exacerbate selling pressure on long-term treasury bonds. Market Impact: The speech has become a core event this week, potentially affecting term premiums and interest rate path pricing, which in turn could transmit to risk assets.

International Commodities

The U.S. plans to announce specific measures for economic warfare against Iran, Iran reveals countermeasures for oil exports

• Treasury Secretary Bessent confirmed that on the 24th, the U.S. will officially announce "unprecedented economic isolation" measures against Iran, calling it an economic "D-Day."
• The focus is on activities such as purchasing Iranian oil, remittances, and ship-to-ship transfers, threatening secondary sanctions against countries supporting Iran.
• Iran responded that if the U.S. launches an economic war, there will be no oil exports through the Strait of Hormuz or the Persian Gulf. Market Impact: Geopolitical risk premiums are rising, supporting oil prices, and concerns about sticky inflation continue, leading to increased short-term commodity volatility.

Macroeconomic Policy

Trump defends data centers, Canada’s counter-tariffs effective September 8

• Trump stated that communities opposing data center construction "are making a mistake," emphasizing that they can create jobs and economic benefits, and noted that companies are building their own power plants.
• Canada announced that counter-tariffs against the U.S. will take effect on September 8, covering multiple sectors including dairy, steel, and home appliances, with trade friction expected to continue until after the midterm elections. Market Impact: The controversy over data center regulation and electricity costs continues, increasing uncertainty for AI infrastructure; rising trade friction may affect related supply chains and market sentiment.

# 2. Market Review

Commodity & Forex Performance

• Spot Gold: Approximately $4,620/ounce, +0.39%
• Spot Silver: Approximately $69/ounce, -0.25%
• WTI Crude Oil: Approximately $85/barrel, -2.35%
• Brent Crude Oil: Approximately $87.9/barrel, -2.49%
• Dollar Index (DXY): Approximately 98.83, +0.01%

Driving Factors Analysis: Details of the economic war against Iran are about to be announced, with geopolitical premiums supporting oil prices. The Treasury's previous buybacks had suppressed yields, but after the effect faded, long-end yields rebounded, with gold oscillating upward amid risk aversion and interest rate expectations. Institutions believe that short-term commodities are jointly driven by geopolitical factors and expectations for the Jackson Hole speech, with high oil prices potentially reinforcing inflation concerns, and asset interlinkages reflecting geopolitical escalation → oil price support → inflation expectations → re-pricing of the bond market and risk assets.

Cryptocurrency Performance

• BTC: Approximately $77,571, +0.47%
• ETH: Approximately $2,458, +1.27%
• Total Cryptocurrency Market Cap: $2.71 trillion, +0.7%
• Market Liquidation Situation: $393 million, with long positions liquidated at $221 million
• Bitget BTC/USDT Liquidation Map: Current BTC price is approximately $77,477, with significant liquidation pressure for long positions in the $75,000--$77,000 range having been largely released, providing relatively solid short-term support; in the $78,000--$80,000 area, short positions have significantly accumulated leverage, and a breakout could easily trigger a short squeeze and amplify upward momentum. The leverage focus has clearly shifted upward, with the long-short battle concentrated around $77,000--$78,500.

• Spot ETF Net Inflow/Outflow: Last week, Bitcoin spot ETF net inflow was approximately $1.9 billion.

Driving Factors Analysis: Against the backdrop of the economic war against Iran and policy uncertainty, the cryptocurrency market has shown relatively strong independent performance. Previous short squeezes and liquidity support are still in play, with BTC and ETH maintaining high-level oscillations. Institutional consensus points to short-term drivers being geopolitical and macro narratives, with attention needed on changes in risk appetite following the Jackson Hole speech.

U.S. Stock Index Performance

• Dow Jones: Closed at 53,277.01 points, up 0.98% (Friday)
• S&P 500: Closed at 7,674.37 points, up 0.43%
• Nasdaq: Closed at 26,180.45 points, up 0.43%, still recording a weekly decline

Tech Giants Dynamics

• NVDA: $214.72, down 0.98% (night session up nearly 1%, servers reported to increase prices by over 15%)
• AAPL: $309.35, down 0.63%
• MSFT: $483.24, up 0.43%
• GOOGL: $344.82, up 1.22%
• AMZN: $258.63, down 0.57%
• META: $549.90, up 0.75%
• TSLA: $362.86, up 5.14%

Performance Summary and Driving Analysis: U.S. stocks rebounded on Friday, with the Dow Jones recording a significant single-day increase, but the weekly close still showed a decline. Cryptocurrency-related stocks collectively strengthened, with Robinhood rising nearly 14%. In AI hardware, Nvidia's strength in the night session and the server price increase news provided support, but the overall tech sector remains affected by yields and geopolitical uncertainties, with significant stock differentiation.

Sector Movement Observation

Cryptocurrency Concept Stocks Explode Collectively

• Representative Stocks: Robinhood (HOOD) rose approximately 13%-14%, with Coinbase (COIN), Strategy (MSTR), and others also strengthening.
• Driving Factors: Bitcoin maintained a high position above $77,000, combined with Trump's push for the Clarity Act and the residual effects of the White House crypto meeting, significantly boosting sentiment for trading platforms and Bitcoin-related holdings.

Semiconductors/AI Hardware Relatively Resilient

• Representative Stocks: Nvidia (NVDA) rose nearly 1% in the night session, with market news of AI server prices increasing by over 15%.
• Driving Factors: Rising memory costs are driving server price increases, reflecting tight supply and demand for AI infrastructure, with resilient demand and price increase expectations jointly supporting sector sentiment.

# 3. In-Depth Analysis of U.S. Stocks

1. Nvidia (NVDA) - Server Prices Increase by Over 15% and Strength in Night Session

Event Overview: Nvidia rose nearly 1% in the night session. Reports indicate that the company has notified some of its largest customers that prices for servers equipped with its AI chips will be raised, with most increases exceeding 15%. The price hikes are primarily driven by soaring memory chip costs and will apply to systems shipping early next year, including configurations with Vera Rubin and Grace Blackwell chips. The increase varies based on chip generations and memory configurations. Market Interpretation: Institutions believe this reflects a continued tight supply and demand for AI servers, with memory (especially high-bandwidth memory) becoming a key bottleneck. The price increase helps Nvidia and its foundries pass on costs and protect profit margins, but it may also raise capital expenditures for large-scale cloud providers and accelerate their in-house chip development. Analysts are focused on customer acceptance and the impact of price increases on the overall AI infrastructure rhythm. Investment Insight: The medium-term demand logic remains, but tracking the effects of price increases and changes in cloud providers' capital expenditure guidance is necessary.

2. Robinhood (HOOD) - Surge Driven by Cryptocurrency Market and Regulatory Expectations

Event Overview: Robinhood's stock price rose approximately 13%-14% on Friday, reaching a high of $109.71 during the session, making it one of the strongest performers of the day. Driving factors include Bitcoin's strong rebound above $77,000 and Trump's renewed push for Congress to advance the "Clarity Act" (Digital Asset Market Clear Act) after meeting with crypto executives at the White House. Market Interpretation: Institutions point out that expectations for regulatory clarity significantly enhance risk appetite for trading platforms and crypto-related stocks. Robinhood's positioning in digital asset trading and tokenization directly benefits from this. Analysts are watching the progress of the Clarity Act as a potential catalyst for overall crypto ecosystem liquidity and institutional entry. Investment Insight: A dual drive from highly elastic policies and crypto prices makes this a highly volatile target, suitable for thematic allocation but requiring strict position control.

3. Coinbase (COIN) - Cryptocurrency Concept Stocks Strengthen Together

Event Overview: Coinbase rose on Friday alongside the cryptocurrency sector, benefiting from Bitcoin's strength and optimistic regulatory sentiment. Trump's push for the Clarity Act and the residual effects of the White House meeting continue to support related stocks. Market Interpretation: As a leading compliant trading platform, Coinbase is highly sensitive to regulatory clarity and changes in trading volume. Institutions believe that favorable policy winds help attract traditional capital, but in the short term, it remains primarily driven by Bitcoin price fluctuations. Investment Insight: Highly correlated with BTC, suitable as a compliant exposure in crypto, requiring close tracking of price and legislative progress.

4. Strategy (MSTR) - Bitcoin's High Position Continues to Support

Event Overview: Strategy continues to benefit from Bitcoin maintaining a high position, showing strong performance on Friday. The company, as a representative of corporate Bitcoin holdings, has its stock price highly correlated with BTC movements. Market Interpretation: Analysts point out that in the context of macro uncertainty and rising geopolitical risks, Bitcoin's relatively independent strength provides support for related high-beta stocks. The effects of leverage and sentiment amplification are significant. Investment Insight: Extremely elastic target, with position management being crucial, closely tracking BTC's key technical levels and capital flows.

5. Apple (AAPL) - Relatively Stable Amid Market Rebound

Event Overview: Apple followed the U.S. stock rebound on Friday, but still recorded a weekly adjustment. As a leader in consumer electronics and services, it performed relatively well amid a recovery in risk appetite. Market Interpretation: Institutions view Apple as a relatively high-certainty allocation within the tech sector, with hardware cycles and service business providing a buffer. Capital has partially flowed into stable cash flow targets amid volatility in AI hardware and geopolitical uncertainties. Investment Insight: Suitable as a stable exposure in the tech sector, with attention to new product cycles and the increasing proportion of service revenue.

# 4. Market & Project Dynamics

1. According to River statistics, 49.6 million adults in the U.S. own Bitcoin, nearly 21 million more than the 28.8 million who own gold.

2. Apple's first foldable iPhone is expected to debut at a launch event around September 9, with a price exceeding $2,000. Those who have experienced the device say its portability, hinge feel, and durability are outstanding, with a larger inner screen adopting an iPad-like application layout and usable as a camera viewfinder.

3. AI company Anthropic is pitching to potential investors with investment banks, planning to raise over $100 billion in the upcoming initial public offering (IPO), targeting a valuation of about $2 trillion. If this plan proceeds, Anthropic will break the $85.7 billion fundraising scale and $1.77 trillion market value record set by SpaceX when it went public in June this year, becoming the largest IPO in history.

4. Strive CEO Matt Cole stated that the BTC/gold ratio is sending strong signals, indicating that the next Bitcoin cycle may be the strongest in history. There are currently two structural factors: the long-term structural depreciation of the dollar, and Bitcoin has never experienced a true secular dollar collapse; and in an AI-driven affluent world, capital will chase "scarce assets" that cannot be replicated. If Bitcoin can outperform gold, it will attract a disproportionate inflow of funds, creating positive feedback.

5. U.S. Treasury Secretary Scott Bessent announced plans to implement a "twist operation" by repurchasing long-term U.S. treasuries and issuing short-term bonds to try to lower long-end yields, but the 10-year treasury yield quickly rebounded to about 4.73% after a brief decline. Reports indicate that the total amount of U.S. debt and other developed countries' debts has reached a new high, combined with a surge in corporate bond financing driven by the AI boom, and inflation expectations raised by the Trump administration's war against Iran, all contributing to rising long-term rates. Bessent stated that the market is pricing based on "misinformation" and plans to work with the White House budget director to promote fiscal consolidation, but analysts believe that under a fiscal deficit of about 6% and political resistance to welfare reform, there is limited policy space to lower long-end yields.

6. Data: Tokens such as H, HUMA, and XPL will see large unlocks this week, with H unlocking approximately $19.9 million in value.

# 5. Today's Market Calendar

Data Release Schedule

|-----|----|-------------|-------| | Focus | U.S. | Announcement of specific measures for economic warfare against Iran | ⭐⭐⭐⭐⭐ |

Important Event Forecast

• Measures for Economic Warfare Against Iran: Specific content will be announced during trading hours on Monday Eastern Time, with attention on oil prices and market reactions.
• Jackson Hole Preview: Walsh's speech on August 28 will be the focus of the week.
• Trade Friction: The effective date of Canada's counter-tariffs is approaching.

Institutional Views:

Investment bank analysts believe that the announcement of specific measures for economic warfare against Iran will dominate short-term market sentiment, with geopolitical premiums potentially supporting oil prices and reinforcing inflation concerns. If Walsh's speech at Jackson Hole lacks clear guidance, long-term treasuries may face further selling pressure. Nvidia's server price increase news provides short-term support for AI hardware, but overall risk appetite remains influenced by yields and geopolitical factors. The cryptocurrency market maintains relatively strong independence. Overall strategy suggests closely monitoring sanction details and speech statements, remaining cautious on high-valuation growth stocks, while observing the interlinkages between energy and safe-haven assets.

Disclaimer: The above content is compiled by AI search, with human verification for publication, and does not constitute any investment advice. The data in the text may inevitably contain deviations; please refer to real-time market data.