Also10

A bull market refers to an optimistic period when prices continually rise, while a bear market refers to a pessimistic period when prices fall for an extended time. #GateRankedTop4Globally $BTC

Consumer inflation in the US slowed in line with expectations in July. The Consumer Price Index (CPI) rose 0.1% month-on-month, while annual inflation came in at 3.4%. In June, annual inflation was at 3.5%.#GateRankedTop4Globally $BTC

The Central Bank of Russia has included bitcoin, ethereum, and USDT in the list of cryptocurrencies that can be traded on Russian exchanges. Qualified investors will be able to buy crypto assets without any amount restrictions, while other investors’ purchases will be limited to 300,000 rubles per year.#GateLaunchpool141MDOS $BTC

📊 Gate’s latest reserve ratio reaches 117%!
🔒 BTC excess reserve: 24.2%
🔒 ETH excess reserve: 22.02%
🔒 Overall stablecoin reserve ratio: 118.97%
📈 Total GUSD subscription volume exceeds 224 million coins
🎁 Additional engagement benefits
Follow @Gate on the Square, like + repost + @3位好友, and pick 3 winners to receive 5 USDT each!
📖 Full report: https://www.gate.com/zh/announcements/article/100959

Bitcoin continues to trade at critical levels, both technically and psychologically. While maintaining the $59.000 support level could strengthen expectations of a recovery in the short term, losing this level could lead to a deeper correction towards the $40.000 region. Despite differing expert opinions, investors are expected to closely monitor price movements, especially around the $59.000 and $60.000 levels in the coming period. These levels remain decisive for Bitcoin's short- and medium-term direction #MicronOvertakesMetaInMarketValue $BTC

Bitcoin remains at $64,000 amid the renewed Hormuz threat overshadowing the US-Iran ceasefire talks
After the sales on Friday, the crypto market recovered over the weekend, and Bitcoin rose toward $64,000. Permanent ceasefire negotiations have begun in Switzerland, but Iran’s order to reopen the Strait of Hormuz has reignited the risk that the agreement aims to resolve. #MyGateTradeStory $BTC

The recent price drop of Bitcoin coincided with a large influx of BTC into exchanges. Normally, a heavy inflow of BTC into exchanges indicates that investors are preparing to sell. However, recent data shows this trend is beginning to change. #MyGateTradeStory

As risk appetite decreases in global markets, Bitcoin has fallen below $63,000. The acceleration of sales in the cryptocurrency market has also weakened investors' expectations regarding the altcoin #MyGateTradeStory season.

According to analysts, the sole reason for the pressure on Bitcoin is not the options market. This downward trend in BTC is caused by the strengthening US dollar following hawkish statements from the Fed, continuous outflows from spot BTC ETFs, and concerns related to MicroStrategy #MyGateTradeStory (MSTR).

#GateSquareMayTradingShare After its strong rise beyond $80,000, today’s drop surprised the crypto market. Bitcoin, which fell 1.37% in the last 24 hours, is trading at $80,210 with a slight recovery at the time this article was written.$BTC

Following the messages from ABD stating "tension will not escalate," the decline in the dollar and oil prices increased risk appetite in the crypto market. The leading cryptocurrency Bitcoin settled above $82,000, and the market quickly shrugged off short-term selling pressures, turning green.

In recent hours, the list of the most searched altcoins in the cryptocurrency market has attracted attention, and investors are turning their focus to these coins in the new week. Especially, Solana's initiation of resistant transaction attempts against quantum computers stands out as a positive development; however, the major issues encountered during the process create uncertainty. In the coming days of the week, a large amount of token unlocks for 16 altcoins are expected to occur, which could lead to significant volatility in the markets#GateSquareAprilPostingChallenge

Despite the weak performance in the first quarter, Bitcoin in March performed better than many expected.
The tensions between the US-Israel and Iran caused a shock in global markets in March, prompting investors to react to supply risks and rising costs, leading to increases in oil prices and the dollar.#GateSquareAprilPostingChallenge

Bitcoin, despite the war between the US/Israel and Iran in March, outperformed stocks and precious metals.
In recent months, while individual investors have been panic selling Bitcoin, long-term investors continue to stay resilient.
Towards the end of March, hopes for a ceasefire in the Middle East somewhat prompted investors to move towards riskier assets.

Bitcoin's anonymous creator Satoshi Nakamoto is believed to own the long-dormant BTC, which could pose a serious security risk. In particular, the development of quantum computers raises concerns about the potential hacking of these wallets.
It is estimated that Satoshi Nakamoto owns approximately 1.1 million BTC. This amount accounts for about 5% of the total supply. It is suggested that Satoshi's Bitcoin holdings are large enough to potentially cause a supply shock in the market.

Continuous net Bitcoin outflows from exchanges may indicate a weakening of potential selling pressure in the spot market. If net outflows continue without significant inflows over the next 3 to 5 days, it is suggested that this could be interpreted as a sign of "ongoing accumulation."

Unlike Bitcoin miners, individuals who mine on Pi Network are called Pioneers. Users who want to mine on Pi Network need to press a button in the app every 24 hours. Pi Network claims to have simplified the mining process for users. The Pi Network app can be downloaded on Android and iOS phones.

#BitcoinHitsOneMonthHigh Ripple XRP attracts investors' attention with its unique payment system mechanism. It wouldn't be wrong to say that it is considered more trustworthy compared to other cryptocurrencies.$XRP