💥 Gate Square Event: #PTB Creative Contest# 💥
Post original content related to PTB, CandyDrop #77, or Launchpool on Gate Square for a chance to share 5,000 PTB rewards!
CandyDrop x PTB 👉 https://www.gate.com/zh/announcements/article/46922
PTB Launchpool is live 👉 https://www.gate.com/zh/announcements/article/46934
📅 Event Period: Sep 10, 2025 04:00 UTC – Sep 14, 2025 16:00 UTC
📌 How to Participate:
Post original content related to PTB, CandyDrop, or Launchpool
Minimum 80 words
Add hashtag: #PTB Creative Contest#
Include CandyDrop or Launchpool participation screenshot
🏆 Rewards:
🥇 1st
Good morning, everyone. Let's summarize the performance of the cryptocurrency market yesterday.
On March 19, the cryptocurrency market rallied across the board, with Bitcoin rising over 3% during the day, breaking the $84,000 threshold, and Ethereum surging over 7%, returning above the $2,000 mark. This rebound is closely related to the political turmoil in Turkey, where the lira plunged more than 10% against the dollar, prompting investors to turn to USDT and other dollar-pegged assets, leading to a spike in BTC/TRY trading volume to a one-year peak. At the same time, the market is watching the Federal Reserve's upcoming interest rate decision with a generally expected maintenance of rates, boosting the shares of crypto-related stocks in the U.S., with CleanSpark, TeraWulf, and others rising over 5%. However, the extreme volatility resulted in over 88,000 liquidations within 24 hours, totaling $213 million, with a significant proportion of Ethereum's largest individual liquidations. Short-term market optimism is intertwined with geopolitical risks, and future trends will need to focus on Federal Reserve policy guidance and global economic movements.