Gate News reports that on March 8, analyst Darkfost posted on X platform stating that ongoing macroeconomic headwinds continue to pressure the crypto market. The latest macroeconomic data shows that the Federal Reserve faces a more complex situation: inflation remains stubborn, demand stays strong, unemployment rises again, and the non-farm payroll report indicates layoffs far exceeding market expectations, increasing uncertainty. Liquidity shortages have already affected large institutions like Blackstone, which recently limited investor withdrawals due to insufficient available liquidity. The Federal Reserve may continue to adopt a wait-and-see approach.
Liquidity constraints are also impacting the crypto market. Data shows that since the beginning of this year, net inflows of stablecoins into exchanges have been negative overall. One CEX A experienced the largest outflows, with a net outflow of about $2 billion this month; another CEX B followed closely, with a net outflow of approximately $336 million. This trend has stabilized somewhat compared to February 15, when outflows were -$6.7 billion and -$443 million. Meanwhile, Bitcoin is seeking stability around its current price level.