If Bitcoin exceeds 117700, the rally will continue, we will roam in the fields, relax.

📉 An unfortunate example of a company that took a course on $BTC. Shares of Nasdaq-listed GD Culture fell 28% after a $875 millions BTC acquisition deal. Previously, the market instantly boosted the shares of any company that bought BTC, but now we are seeing a revaluation. Investors understand that the cycle is coming to an end and BTC will soon enter a bearish phase, where we will see several years of decline. The trend is declining and $ETH is now actively being pushed as a result we are seeing a natural market reaction. Many companies are facing bankruptcy, and only 20%–40% of companies that bet on BTC will survive the next cycle.

According to CoinWorld news, 9 days after the launch of BRC 2.0, the ecosystem is rapidly expanding, and the core application CatSwap is about to complete its audit and go live on the Bitcoin Mainnet. The WBTC infrastructure proBTC has been launched on Signet, injecting BTC Liquidity into BRC 2.0. As an upgraded protocol of BRC 20, BRC 2.0 introduces EVM smart contracts and supports Decentralized Finance (DeFi) and other decentralized applications, with the existing BRC 20 Tokens expected to be empowered around September 17.