Traditional Finance Alert: GBPNZD increased by over 1%

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.

Korean stock market plunges 8%, triggering a circuit breaker; traders face liquidation of massive long positions

Gate News bot message: The Korean stock market triggered the circuit breaker mechanism and trading was paused after an 8% decline. According to Lookonchain, yesterday's trader 0x629A, who was heavily long on the Korean stock market, has shifted from profit to loss. This trader holds 47,849 shares of cash:EWY (worth $6.04 million) with a liquidation price of $115.07. Previously, trader 0x629A opened a 20x leveraged long position on the Korean stock market on the Hyperliquid platform, with a total value of $6.25 million. Source: Lookonchain

Market Report: Top 5 cryptocurrencies by decline on March 4, 2026, with the largest drop being PIPPIN

COOKIE (Cookie DAO) up 19.12% in the past 24 hours

Gate News Bot Message, March 04, according to CoinMarketCap data, COOKIE (Cookie DAO) is currently priced at $0.02, up 19.12% in the past 24 hours, with a high of $0.02 and a low of $0.02. The current market capitalization is approximately $14.7 million, an increase of $2.37 million from yesterday.