GT 24H Up 3.05%, current price 7.08 USDT

Gold drops 3% amid US-Iran war, Bitcoin rises 12% to become the strongest geopolitical asset

After the outbreak of the US-Iran war, Bitcoin outperformed traditional safe-haven assets, rising 12.1% within four days. Gold and silver declined due to reduced safe-haven demand. The war led to a decrease in oil tanker traffic through the Strait of Hormuz, putting upward pressure on oil prices. AI research shows that Bitcoin is favored in currency choices.

Market Report: Top 5 Cryptocurrency Declines on March 5, 2026, with NEAR Protocol experiencing the largest drop

Multiple major short whales are being liquidated one after another, with the largest single liquidation whale on the entire network reaching a total liquidation scale of $15.7 million.

On March 5th, BTC briefly surged to $74,000, causing several large short whales to be liquidated on the Hyperliquid platform, including one address that was liquidated for 214 BTC, approximately $15.7 million, setting the largest single liquidation record in the entire network. Other whales also experienced multiple liquidations, totaling nearly $10 million.

ROBO (Fabric Protocol) down 15.66% in the past 24 hours

Gate News Bot Message, March 5th, according to CoinMarketCap data, as of press time, ROBO (Fabric Protocol) is trading at $0.04, down 15.66% in the past 24 hours, with a high of $0.06 and a low of $0.02. The 24-hour trading volume reached $167 million. The current market capitalization is approximately $98.3 million, a decrease of $18.25 million from yesterday. Fabric Foundation is an independent non-profit organization dedicated to advancing open robotics and artificial general intelligence (AGI). The foundation focuses on building governance, economic, and coordination infrastructure to enable humans and intelligent machines to work together safely and efficiently. The foundation's mission is to ensure that intelligent machines can expand human opportunities, stay aligned with human intentions, and benefit all.

Market Report: Top 5 Cryptocurrency Gainers on March 5, 2026, led by Decred

DOGE (Dogecoin) increased by 7.58% in the past 24 hours

Gate News Bot Message, March 5th, According to CoinMarketCap data, as of press time, DOGE (Dogecoin) is trading at $0.10, up 7.58% in the past 24 hours, reaching a high of $0.10 and a low of $0.09. The 24-hour trading volume is $2.618 billion. The current market capitalization is approximately $14.836 billion, an increase of $1.045 billion from yesterday. DOGE is an open-source peer-to-peer digital currency created by Jackson Palmer and Shibetoshi Nakamoto. It is essentially an accidental cryptocurrency movement aimed at making people smile. DOGE uses blockchain technology, leveraging a highly secure decentralized system to store information as a public ledger maintained by a network of computers called nodes.