The three major US stock indices all fell, with Strategy dropping by 4.27%.

On March 5th, as reported by Fox reporter Eleanor Terrett, by this morning, the official invitation to the White House's Friday crypto summit had not been sent out yet. According to two sources close to the meeting preparation, the guest list will be smaller than previously anticipated and will comprise industry heavyweights like Michael Saylor. The meeting is expected to have 20 to 25 attendees in a roundtable format at the White House and will include other members of the President's Working Group on Financial Markets (PWG), thus fewer invited industry representatives. It is currently unclear who else apart from Bo Hines and David Sacks will be in attendance. However, looking back at Trump's executive order, the PWG also includes Treasury Secretary Scott Bessent, Commerce Secretary @howardlutnick, Attorney General @PamBondi, SEC Chairman, CFTC Chairman, and other officials. In addition, a larger, invitation-only reception is being prepared across the street from the White House, s

On March 5th, based on HTX market data, Ethereum briefly fell below $2,000, which marked the first time since November 2023, with a 24-hour decline of 11.16%.

On March 5th, as per the monitoring of OnchainLens, a whale that had been dormant for nearly 5 months made a withdrawal of 2,417 ETH, which is worth $4.97 million, from Binance. This whale had accumulated a total of 13,671 ETH at an average price of $2,811.64, spending a total of $38.43 million. Currently, the whale is facing a floating loss of $10.5 million and has staked 11,498.58 ETH in Lido.

On March 5th, based on Coinglass data, in the past 24 hours, a total of $1.008 billion in liquidations occurred across the entire network. Among them, there were $832 million in long liquidations and $176 million in short liquidations.

On March 4th, Deutsche Bank's economic team holds the most hawkish stance on the Federal Reserve's 2025 policy among Wall Street, anticipating that the Fed will not lower interest rates this year. Although this remains the team's official stance, Chief U.S. Economist Matthew Luzzetti admitted that the influence of the new Trump tariffs could put this forecast at risk. “You are indeed starting to observe some of the adverse impacts of trade uncertainty in the economic data,” Luzzetti said. “If this impact expands and is reflected in weakened labor market data, the Fed could cut interest rates this year.” However, Luzzetti stated that before altering its forecast for the Fed, Deutsche Bank desires to see how long the tariffs will endure. (FXStreet)

On March 4th, the US Dollar Index (DXY) experienced a short-term increase of nearly 20 points and is currently trading at 106.37. (FXStreet)