Traditional Finance Downtrend Alert: GBPJPY drops over 0.5%

LYN (Everlyn AI) increased by 30.73% in the last 24 hours

Gate News Bot Message, March 02, According to CoinMarketCap data, as of press time, LYN (Everlyn AI) is currently priced at $0.33, up 30.73% in the past 24 hours, with a high of $0.35 and a low of $0.25. The current market capitalization is approximately $85.2 million, an increase of $20 million compared to yesterday. Everlyn AI is the first decentralized autonomous video AI infrastructure layer, boasting the fastest video generation speed globally. The platform offers various AI generation tools such as image-to-video, text-to-video, text-to-image, and image-to-image. Its revolutionary performance metrics include: a generation speed of only 15 seconds, 20 times faster than the industry average; a 25-fold reduction in costs; and an 8-fold increase in architecture efficiency, providing users with free, fast, and unlimited services.

Trump confirms Iran's Khamenei death, crypto market $652 million liquidation wave erupts

After the United States and Israel launched military actions, Iran's Supreme Leader Khamenei was confirmed dead, triggering tensions in the Middle East and Iran's retaliatory actions. The crypto market was affected, with over $652 million liquidated within 24 hours. Bitcoin rebounded after the panic, indicating the market's sensitivity to geopolitical changes. The potential blockade of the Hormuz Strait could impact oil prices and inflation, raising long-term concerns about crypto assets.

Over $9 billion in funds flowed out of Bitcoin and Ethereum ETFs within four months

U.S.-listed spot Bitcoin and Ethereum ETFs have experienced record outflows over the past four months, with institutional interest in digital assets significantly declining. The Bitcoin ETF has seen a net outflow of $6.39 billion, and the Ethereum ETF has seen outflows of $2.76 billion, leading to sharp declines in the prices of both tokens.

Bitcoin Records Fifth Consecutive Monthly Loss as February Closes in Red

Gate News bot message, Bitcoin has recorded its fifth consecutive monthly loss with February closing in the red. The cryptocurrency has experienced five straight losing months through February 2025.

Iran airstrikes trigger Asian stock market turbulence, Bitcoin acts as a geopolitical pressure valve

Affected by the Iranian airstrike, Asian stock markets declined across the board, with Brent crude oil soaring by as much as 13%. Bitcoin only fell by 2.2% amid market volatility, demonstrating strong resilience, but its future trend remains influenced by the closure of the Strait of Hormuz and inflation pressures. Major indices and airline stocks plummeted, while the energy sector relatively rose.