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- 🎉 Gate Square Growth Points Summer Lucky Draw Round 1️⃣ 2️⃣ Is Live!
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- #Gate 2025 Semi-Year Community Gala# voting is in progress! 🔥
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Bitcoin Crosses $100,000 and Just Begins
Bitcoin's price action last week was nothing short of explosive. On Wednesday, the king of cryptocurrencies surpassed its previous record high, reaching a new high of $112,040 and wiping out about $223 million in short positions. The rally didn't stop there: by Thursday, Bitcoin had risen to $118,000, exceeding cumulative liquidation losses of over $1 billion. It was a challenging period for bears.
The way Bitcoin broke past its previous highs suggests that true price discovery may now be within reach. #contentstar# #July Market Forecast# #Content Mining & Earn Rich Commission# #Institutions Buying Bitcoin# #Gate June Transparency Report#