📢 Gate Square #Creator Campaign Phase 2# is officially live!
Join the ZKWASM event series, share your insights, and win a share of 4,000 $ZKWASM!
As a pioneer in zk-based public chains, ZKWASM is now being prominently promoted on the Gate platform!
Three major campaigns are launching simultaneously: Launchpool subscription, CandyDrop airdrop, and Alpha exclusive trading — don’t miss out!
🎨 Campaign 1: Post on Gate Square and win content rewards
📅 Time: July 25, 22:00 – July 29, 22:00 (UTC+8)
📌 How to participate:
Post original content (at least 100 words) on Gate Square related to
#GT# #BTC# #XRP# #ETH# #DOGE# 💸💰🏦🔮🌐🎯🚀
📊 Bitcoin and Cryptocurrency Performance
Bitcoin price: Bitcoin settled today at around $95,000, recording an increase of 0.8% during the day, and 1.8% over the past week.
Performance of other currencies:
Ethereum (ETH): increased by 0.5% to reach $1,803.66.
Ripple (XRP): decreased by 0.3% to reach $2.2585.
🔍 Market Analysis and Predictions
Price forecast: Analyses indicate that the price of Bitcoin may reach $130,000 before the summer of 2025, driven by increased institutional demand and flows from exchange-traded funds (ETF).
Year-end predictions: Bitcoin is expected to range between $108,982 and $127,486, with the possibility of reaching $132,000 by the end of 2025. Ripple (XRP): decreased by 0.3% to $2.2585.
Binance Coin (BNB): decreased by 0.8% to $602.81.
Solana (SOL): increased by 0.5% to $147.336.
Dogecoin (DOGE): decreased by 0.8% to reach $0.176035.
📈 Technical Analysis
Support and resistance levels: Technical analyses indicate that Bitcoin may face strong resistance at the $95,000 level, with strong support at $90,000.
🏦 Institutional and Regulatory Developments
Investment Fund Flows: Bitcoin-linked exchange-traded funds saw massive cash inflows exceeding $3.2 billion, reflecting increasing interest from institutional investors.
Launch of the Bitcoin Yield Fund: The "Coinbase" platform has announced the launch of the Bitcoin Yield Fund dedicated to institutional investors, starting from May 1, with the aim of achieving annual returns ranging from 4% to 8%.