Traditional Finance Alert: RIOT Surges Over 4%

Bitcoin Wobbles Despite $1B ETF Inflows Amid Rising Oil Prices

_Oil shock and Fed uncertainty pressure Bitcoin, while ETF inflows fail to restore strong institutional demand._ Bitcoin swung sharply after U.S.-Israel strikes on Iran triggered a weekend risk-off move across

ETH drops below 1950 USDT

Gate News bot message, Gate market display, ETH drops below 1950 USDT, current price 1949.45 USDT.

KAVA (Kava) 24-hour increase of 18.37%

Gate News Bot Message, March 04, According to CoinMarketCap data, as of press time, KAVA (Kava) is trading at $0.06, up 18.37% in the past 24 hours, reaching a high of $0.07 and a low of $0.05. The 24-hour trading volume is $51.4 million. The current market capitalization is approximately $68.4 million, an increase of $10.6 million from yesterday. Kava is a decentralized blockchain that combines Cosmos’s speed and interoperability with the Ethereum developer ecosystem. The network communicates with 30 chains and $60 billion in assets within the Cosmos ecosystem via the IBC protocol, while also providing an EVM-compatible execution environment, enabling Solidity developers to build applications on the Kava network. Currently, the network has 120 million staked KAVA and 100 active validators.

Bitcoin approaches $70,000: ETF inflows of $1.45 billion over five days, short covering drives rebound

Bitcoin price has recently rebounded to around $68,000, mainly driven by institutional capital inflows and short covering. Although trading sentiment remains cautious, market optimism for short-term fluctuations has increased, but high-leverage traders remain cautious, and overall confidence is gradually recovering.

U.S.-Iran Conflict Escalates! U.S. stocks and Taiwan stocks both plummet, Bitcoin rebounds and temporarily stays above 68,000

The conflict between the US and Iran impacts the market, with TSMC's stock price plummeting to 1,895 yuan and the Taiwan Weighted Index falling by 94.9 points. Conversely, Bitcoin defies the trend and rebounds to $68,062, indicating investor risk aversion. Precious metal prices retreat, with gold dropping to a low of $5,119. Rising international oil prices influence inflation expectations, causing the probability of rate cuts to decrease to 2.6%. The US dollar index rises, and the market expects Bitcoin to break through $75,000 before confirming the end of the bull market.