Data: 10 million MOVE tokens transferred out from Movement Network, worth approximately $2.21 million

Hedging Channel All-Day Trading: Why Middle Eastern Warfare Will Favor Cryptocurrencies?

Recently, tensions in the Middle East have led to significant shifts in capital flow in the cryptocurrency market, becoming an alternative channel for capital transfer and price discovery. Capital outflows from Iranian exchanges and 24-hour crypto markets reflect their key role in the global financial landscape and demonstrate the importance of crypto assets in hedging demand and financial reform.

Gold and silver prices fluctuate sharply, driving active trading of Gate Gold and Silver contracts, with 24-hour trading volume ranking among the industry’s top.

Global geopolitical uncertainties have caused significant fluctuations in the prices of gold and silver. The current price of gold is $5153.2, with notable volatility; the current price of silver is $85.42. Data shows increased activity in related contract markets, accelerating the deployment of metal trading opportunities. The Gate platform offers 24/7 metal contract trading, enhancing strategic flexibility and management efficiency.

Bitcoin fell below $63,000 and rebounded to around $70,000, with institutional funds continuing to flow in to support the BTC price.

Bitcoin rebounded after a weekend correction, approaching $70,000, mainly due to short covering and institutional capital inflows. Market sentiment remains cautious, trading volume has increased, but geopolitical risks still pose an impact. In the short term, BTC price may fluctuate within the $60,000 to $70,000 range.

BTC 15-minute increase of 0.79%: ETF capital net inflow and institutional buying drive short-term rally

2026-03-04 06:30 to 06:45 (UTC), BTC gained +0.79% in 15 minutes, with a price range of 68123.1-68672.3 USDT, achieving a 0.81% fluctuation. During this period, trading volume significantly increased, market attention rose, and volatility exceeded the intraday average, reflecting active short-term capital and heightened trading enthusiasm. The main driver of this anomaly is the continuous net inflow into the US spot BTC ETF products, especially single-day capital inflows led by major institutions (such as a peak of $458 million on a certain day in early March), pushing the market.

ETH 15-minute increase of 0.95%: Macroeconomic safe-haven funds flow in and DeFi innovations drive fluctuations

On March 4, 2026, from 06:30 to 06:45 (UTC), ETH achieved a return of +0.95% within 15 minutes, with a price range of 1967.24 to 1986.41 USDT and an amplitude of 0.97%. The short-term abnormal movement highlights increased market attention and is accompanied by heightened volatility, drawing significant focus from trading communities and on-chain funds. The main driver of this abnormal movement is the influx of macro hedging funds. Major Asian stock markets experienced a sharp decline, with the largest single-day drop exceeding 12%, prompting global funds to seek safe havens. Cryptocurrencies, as a mainstream alternative, received a notable influx of capital.

Bitcoin mining companies start reducing BTC holdings: Core Scientific sells nearly 2,000 BTC

Bitcoin mining company Core Scientific is selling part of its Bitcoin reserves to fund its transition into artificial intelligence and high-performance computing. The company has sold 1,924 Bitcoins and plans to convert its data centers into hosting services. Mining companies are gradually shifting their focus to cope with declining mining profits. At the same time, large mining firms are also adjusting their asset strategies, and the market is reassessing the sustainability of digital asset holding models. Despite the worsening market environment, Strategy maintains a long-term holding approach.