Why Is the Crypto Market Going up Today [Live] Updates on March 3, 2026

Bitcoin and the broader crypto market remain in a cautious phase as BTC continues to trade within the $62,000–$63,000 range over the past few days. The market is showing signs of risk, with Bitcoin struggling to hold momentum toward the key $65,000–$70,000 resistance zone. Analysts note that a decisive breakout above $65,000 could open the path toward $74,000–$75,000. Meanwhile, gold prices remain elevated, reflecting ongoing macro uncertainty.

Iran’s largest crypto platform, Nobitex , is seeing a sharp spike in withdrawals as users move funds amid rising geopolitical tension . The exchange handles more than 87% of Iran-linked crypto activity, making it central to the country’s digital asset market.

South Korea’s stock market suffered a sharp fall on reopening, with the KOSPI dropping 7.23% and wiping out about ₩390 trillion ($270 billion) in market value. The sell-off marks the biggest single-day decline since the August 2024 yen carry trade shock. Markets had been closed on Monday for a holiday, making this the first trading session since the rising Middle East tensions . Heavy selling was driven by fears over oil supply disruptions and growing global uncertainty.

Israel’s main stock indexes climbed to fresh record highs even as tensions with Iran continue . The TA-35 Index surged 4.61% to 4,318.50, while the TA-125 Index jumped 4.75% to 4,268.43. Gains were led by defense, energy, and banking shares as investors showed confidence in the market’s strength. Meanwhile, the Israeli shekel strengthened about 1.5% against the U.S. dollar, signaling steady investor sentiment despite ongoing geopolitical uncertainty.