Traditional Finance Alert: NFLX Increased by Over 14%

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.

SANAE Meme Coin Plummets 58%! Sanae Takashi Denies Issuing Coins, Japanese Financial Services Agency Intervenes in Investigation

Japanese Prime Minister Fumio Kishida on March 2 denied any connection to the SANAE TOKEN named after him, causing the token to plummet by 58%. The Financial Services Agency investigation found that the issuer did not hold the necessary exchange licenses. Similar incidents are occurring frequently worldwide, providing references for future regulation, with legal grounds potentially becoming a regulatory template for other countries.

The overall crypto market is trending downward, with only Layer2, SocialFi, and RWA sectors remaining relatively resilient.

On March 4th, the overall crypto market declined, with only the Layer2, SocialFi, and RWA sectors showing gains. Bitcoin and Ethereum fell by 0.93% and 2.41%, respectively. Some projects like Mantle and Chiliz performed notably well. Other sectors generally declined, but River and Kite defied the trend and rose.

USUAL (Usual) 24-hour increase of 14.75%

Gate News Report, March 4th, according to CoinMarketCap data, as of press time, USUAL (Usual) is currently trading at $0.02, up 14.75% in the past 24 hours, with a high of $0.02 and a low of $0.01. The current market capitalization is approximately $26.3 million, an increase of $3.37 million yesterday. Usual is a decentralized protocol that has built a distributed banking system. The protocol issues fiat-pegged stablecoins backed by real assets (RWA), combining the security of real assets with the composability and liquidity of DeFi. USD0 is Usual's core stablecoin, fully supported 1:1 by high-quality short-term assets such as U.S. Treasury bonds, providing a stable asset that does not rely on traditional banking systems. Additionally, Usual allows users to participate in governance through the USUAL governance token.

Traditional Finance Drop Alert: AUDJPY drops over 0.5%

Gate News bot message: According to the latest Gate TradFi data, AUDJPY has dropped 0.5% in the short term, with current volatility significantly higher than recent average levels, indicating increased market activity.