Traditional Finance Downtrend Alert: XAGUSD Drops Over 2%

ICP briefly touched 2.7 USDT, with a nearly 14.7% increase over the past 5 minutes.

Gate News Report, March 11 — Due to the news that a certain CEX will list ICP, the ICP price briefly touched 2.7 USDT. It is now at 2.5 USDT, with a 14.7% increase in the past 5 minutes.

On-chain Intel mapping contract increased by over 3.8% within the day, and a certain whale who opened a million-dollar long position yesterday has already recorded a 10% unrealized profit.

On March 10th, a whale opened a 3x leveraged long position on Intel on a decentralized derivatives platform with $1.65 million, with an average entry price of $45.45. Driven by the rise in Intel's stock price, the contract has already recorded a 10% unrealized profit, with the current quote at $46.85.

Distorted surged 1476.26% after launching Alpha, current price 0.0026372 USDT

Gate News bot message, Gate market display, since launching Alpha, Distorted has increased by 1476.26%, current price is 0.0026372 USDT.

RIVER (River) increased by 32.12% in the past 24 hours

Gate News Report, March 11 — According to Gate Market Data, at the time of press, RIVER (River) is trading at $14.80, up 32.12% in the past 24 hours. The price reached a high of $21.59 and a low of $10.67. The 24-hour trading volume is $51.1 million. The current market capitalization is approximately $290 million, an increase of $70.5 million from yesterday. ## Important Recent News about RIVER: 1️⃣ **On-Chain Infrastructure Financing Drives Growth** TRON DAO Ventures has provided $8 million in funding to River to support the expansion of its on-chain abstraction infrastructure within the TRON ecosystem. This move indicates that River’s strategic value as a cross-chain liquidity connection solution has been recognized by leading public chain ecosystems, supporting the project’s long-term development.

WAR (WAR) down 79.55% in the last 24 hours

Gate News Report, March 11 — According to Gate Market Data, at the time of press, WAR (WAR) is trading at $0.01, down 79.55% in the past 24 hours, with a high of $0.06 and a low of $0.00. The 24-hour trading volume reached $13.8 million. The current market capitalization is approximately $5.57 million, a decrease of about $21.65 million from yesterday. WAR is a community-driven project built on the Solana blockchain, creating the ultimate meme coin platform for traders and creators. The project aims to provide a comprehensive ecosystem for community members to issue, trade, and express creativity around popular projects. ## Important recent news about WAR: 1️⃣ **Geopolitical events causing intense market risk sentiment fluctuations** The escalation of US-Iran tensions has become a major factor in the crypto market

Bitcoin stabilizes above $70,000, IEA may release the largest-ever crude oil reserves, global risk asset sentiment improves

Bitcoin recently broke through $70,000 again, influenced by changes in the energy market. Its price once reached $71,612 before falling back to $70,036. The market sentiment is related to discussions with the International Energy Agency about releasing strategic oil reserves, and the decline in Brent crude oil prices is seen as a signal to reduce inflation pressure. The market is focused on the Federal Reserve policy meeting, with expectations that if oil prices remain below $90, it will create room for interest rate cuts.