📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
MICA Daily | Bitcoin returns to $100,000! Analysts warn: Bull Market cycle is about to peak
With the strengthening of capital inflows, BTC returned to a price above $100,000 last night. However, according to the latest CryptoQuant report, the analysis team stated that the Bull Market cycle of BTC may end in the first or second quarter of 2025. This Bull Market started after the FTX exchange collapse in January 2023, with BTC quickly rebounding from below $20,000, attracting widespread attention from the financial industry. The current Bull Market has lasted for two years, and the market is in the late stage. According to past cycle patterns, the cycle is almost coming to an end.
The trading volume of BTC within a month is 36%, lower than the peak in the past. It is expected that the data will rise before the peak of the Bull Market, which is a typical indicator of capital outflow, indicating that the current funds are overflowing outside BTC. Many industry insiders are optimistic about the growth of crypto assets this year.
One of the main reasons is that Trump is about to take office, and it is expected that the new government will promote the adoption of BTC and adopt BTC as the strategic reserve of the United States. Analysts predict that the price of BTC may experience 2 to 4 rapid surges, rather than a one-time spike. Afterwards, the market may fall into a bear market due to overheating. Analysts suggest that the community should pay attention to the significant price fluctuations of BTC and other cryptocurrencies in the near future and be prepared for a possible bear market. Please provide the source text to be translated. Disclaimer: The article represents only the author's personal opinions, not the perspective and position of Block, and all content and opinions are for reference only and do not constitute investment advice. Investors should make their own decisions and trades, and the author and Block will not bear any responsibility for the direct or indirect losses incurred by investors' transactions. Please provide the text to be translated. <MICA Daily | BTC returns to $100,000! Analysts warn: Bull Market cycle is about to peak> This article was first published in "Block Times".