Crypto Market Daily Updates | Amid Middle East tensions, the cryptocurrency market remains volatile, with Bitcoin briefly surging to $70,000; Trump Media & Technology: Considering spinning off its social platform Truth for an IPO to prioritize the develop

March 3, 2026
7:26 am

Crypto Market Daily Updates | Amid Middle East tensions, the cryptocurrency market remains volatile, with Bitcoin briefly surging to $70,000; Trump Media & Technology: Considering spinning off its social platform Truth for an IPO to prioritize the develop

March 3rd report: The cryptocurrency market experienced volatility, with Bitcoin briefly surging to $70,000. As of the time of writing, $Bitcoin (BTC.CC)$ fell by 1.28%, trading at $67,945.99; $Ethereum (ETH.CC)$ dropped by 1.61%, trading at $1,994.76.

Key Focus

$Trump Media & Technology (DJT.US)$It indicated that it is considering spinning off its flagship social media platform, Truth Social, into a publicly listed company, a move that could allow it to prioritize its ambitions in the cryptocurrency space.

The company announced on Friday that it is in discussions with energy fusion startup TAE Technologies and Texas Ventures Acquisition III regarding a potential deal, which would place control of the Truth Social media platform under the…

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