GT 24H Up 3.03%, current price 7.13 USDT

Shiba Inu Faces Pressure as 531B SHIB Flood Exchanges

Shiba Inu (SHIB) saw a significant 531 billion token influx on exchanges, indicating a shift towards selling among traders. Price remains below critical moving averages with bearish trends prevailing. Limited demand and rising supply create volatile conditions, especially with low liquidity typical of weekend trading.

"24-Hour Market" Gains Popularity Due to Middle East Conflict; Crude Oil and Gold Contracts Become the New Weekend Safe Havens

Due to the Middle East conflict, crypto exchanges like Hyperliquid have become hedging tools, driving the trading of traditional assets and cryptocurrencies. During market closures, traders can use these platforms for instant hedging, accelerating the development of 24-hour markets and demonstrating their indispensability under geopolitical influences.

Market Report: Top 5 cryptocurrencies by decline on March 2, 2026, with the largest drop being Decred

BTC drops below 66,000 USDT

Gate News bot message, Gate market display, BTC drops below 66,000 USDT, current price 65,972.4 USDT.

SpaceX Bitcoin reserves drop to $545 million, pre-IPO accounting losses become investors' focus

SpaceX's Bitcoin reserve market value has decreased from $780 million in 2025 to $545 million currently, a loss of over $235 million in three months, with no buying or selling during this period. The company plans to submit an IPO application to the SEC in March, which will require the disclosure of its Bitcoin holdings for the first time, potentially impacting investor assessments. SpaceX's long-term holding of Bitcoin indicates that it views it as an asset reserve.

First casualties in the US-Iran war: 3 American soldiers killed! Trump admits "casualties will reoccur," BTC fluctuates at $66,600

President Trump issues his first statement on U.S. military casualties in Iran, confirming three American service members killed and anticipating that there may be more casualties in the future. Following the news of Qasem Soleimani's death, Bitcoin briefly rebounded from $63,000 to $68,000. This conflict has led countries to express their desire to prevent the situation from escalating into a larger conflict.