Punch increased by 54.12% after launching Alpha, current price is 0.014012391016096 USDT

Middle East Conflict Shocks Global Markets: Korean Stock Market Plunges 10% Triggering Circuit Breaker, Bitcoin Resists Decline Draws Attention

The tense situation in the Middle East has caused significant fluctuations in the global financial markets, with the Korean stock market dropping over 10%, triggering a circuit breaker. Japan and Hong Kong stock markets are also under pressure, crude oil prices have risen, and inflation concerns have intensified. The market is reassessing the safe-haven properties of leading assets like Bitcoin, resulting in a slight decline in the overall cryptocurrency market capitalization.

International risk premium rises, crude oil continues its strong upward momentum, and Gate crude oil contract trading volume expands simultaneously.

Crude oil prices continue to rebound due to political uncertainty and tightening energy supplies, with both WTI and Brent crude oil posting significant gains. Market trading activity has increased, with Gate TradFi opening new dual-end trading portals, driving the integration of crypto assets with traditional financial markets.

Middle East conflict impacts Asian stock markets, Bitcoin holds at $67,000, Ethereum and Solana come under pressure and retreat

Middle Eastern geopolitical tensions continue, and risk aversion in Asian financial markets intensifies, leading to significant declines in major stock indices. Bitcoin experiences a slight dip but remains within a key range, with market focus on institutional funding and ETF inflows. Mainstream cryptocurrencies like Ethereum and Solana pull back as risk appetite contracts. Uncertainty in the macro environment and volatility in the energy markets increase market pressure.

Japan's "Sanae Token" plummets 58%! Prime Minister Sanae Takashi denies any connection, as political meme coin regulatory risks intensify

The "Meme Coin" under Japanese Prime Minister Fumio Kishida's name has plummeted 58% after being accused of having no connection to him. The token was launched on February 25th, claiming to be related to political support. After Kishida denied the connection, the market reacted strongly, and the Financial Services Agency has launched an investigation, focusing on compliance issues related to crypto assets.

PHA (Phala Network) increased by 34.79% in the past 24 hours

Gate News Bot Message, March 04, According to CoinMarketCap data, as of press time, PHA (Phala Network) is currently trading at $0.04, up 34.79% in the past 24 hours, with a high of $0.04 and a low of $0.02. The current market capitalization is approximately $30.9 million, an increase of $7.97 million compared to yesterday. Phala Network is a hardware-secure privacy computing platform dedicated to delivering verifiable AI technology and providing enterprise-level privacy protection. The platform supports deploying privacy-preserving AI models within minutes through Trusted Execution Environment (TEE) technology. Phala Network has earned the trust of over 5,000 users, including industry players like NVIDIA, OpenRouter, NEAR, and Vana.

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