💥 Gate Square Event: #PostToWinCGN 💥
Post original content on Gate Square related to CGN, Launchpool, or CandyDrop, and get a chance to share 1,333 CGN rewards!
📅 Event Period: Oct 24, 2025, 10:00 – Nov 4, 2025, 16:00 UTC
📌 Related Campaigns:
Launchpool 👉 https://www.gate.com/announcements/article/47771
CandyDrop 👉 https://www.gate.com/announcements/article/47763
📌 How to Participate:
1️⃣ Post original content related to CGN or one of the above campaigns (Launchpool / CandyDrop).
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostToWinCGN
4️⃣ Include a screenshot s
Here’s the live Bitcoin (BTC) price in USD:
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📉 Price & Market Snapshot
Latest price: Approximately $113,910, with a decline of around –0.9% since the previous close .
24‑hour change: Down roughly 0.8–1.1% on major platforms (e.g., Kraken: –0.83%; CoinMarketCap: –0.85%) .
One-week trend: Bitcoin has declined between 3–3.3% over the past week .
Recent high: A swing top near $122,838 was reached around July 14, 2025 .
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📰 Context & Market Drivers
July surge & institutional interest: Bitcoin peaked at about $123,000 in mid‑July, buoyed by strong institutional buying and favorable U.S. policy signals .
Recent sentiment shifts: A weaker U.S. jobs report has raised expectations for a Federal Reserve interest-rate cut in September, giving some support to crypto markets, though volatility remains .
Ownership dynamics: As of early August 2025, only about 800,000 to 850,000 individuals hold at least one full Bitcoin—across nearly 983,000 wallets—while institutional entities and funds (e.g. Strategy Inc.) continue accumulating BTC reserves .
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✅ What This Means
Bitcoin is consolidating between $113K–114K, down modestly over the past few days but still holding well above $100K.
Market sentiment is cautiously optimistic if macroeconomic conditions support a dovish monetary policy.
Expect normal intraday volatility, and keep an eye on Fed developments, major wallet transactions, and regulatory updates.
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