📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
#BTC spot ETF approved, bullrun next?#
How is Bitcoin Performing?
The year 2023 turned out to be a tumultuous year for the cryptocurrency, Bitcoin (BTC). In the first month of the year January, BTC was trading at the low level of $16,000, it touched its peak in July 2023 at $31,000 and pushed the market capitalization around 607 billion, since the year started, but it is doing way better as of Dec. 20, 2023, at around $42,936 with a market capitalization of $838.58 billion.
Stubborn inflation and unsettling macroeconomic conditions in countries like the U.S. and the UK led BTC to fall below the level of $26,000. With current interest rates at 5.5% post hikes by the U.S. Federal Reserve and the Fed Chairman Jerome Powell stating that the inflation fight will continue until rates fall to 2%, Bitcoin may continue to be under pressure as more details on inflation emerge. #ContentStar#