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

Crypto Withdrawals Surge at Iran’s Biggest Exchange

And there we have it-South Korea’s stock market reopens and suddenly, everything falls apart! The KOSPI index dropped a staggering 7.23%, effectively vaporizing about ₩390 trillion ($270 billion). Who knew that after a holiday, stocks would play such a delightful game of ‘Let’s see how much we can lose in a single day’? This market plunge, triggered by global oil supply fears and Middle East tensions, is the biggest single-day decline since the infamous August 2024 yen carry trade shock. Nice timing, world. Just perfect.

Here’s the twist! While the rest of the world is panicking, Israel is calmly laughing all the way to the stock exchange. Despite the persistent rumblings with Iran, Israel’s stock market is breaking records like it’s a sport. The TA-35 Index shot up 4.61% to 4,318.50, and the TA-125 Index gained 4.75%, jumping to 4,268.43. Investors seem to be betting on defense, energy, and banking shares, because nothing says ‘I’m not worried’ like a strong defense sector. Meanwhile, the Israeli shekel flexed its muscles, gaining 1.5% against the U.S. dollar. In case anyone missed it, it’s all good, folks. No geopolitical crisis here, just another day in the market paradise.