🍁 Golden Autumn, Big Prizes Await!
Gate Square Growth Points Lucky Draw Carnival Round 1️⃣ 3️⃣ Is Now Live!
🎁 Prize pool over $15,000+, iPhone 17 Pro Max, Gate exclusive Merch and more awaits you!
👉 Draw now: https://www.gate.com/activities/pointprize/?now_period=13&refUid=13129053
💡 How to earn more Growth Points for extra chances?
1️⃣ Go to [Square], tap the icon next to your avatar to enter [Community Center]
2️⃣ Complete daily tasks like posting, commenting, liking, and chatting to rack up points!
🍀 100% win rate — you’ll never walk away empty-handed. Try your luck today!
Details: ht
Bitcoin vs. Gold: BTC Kicks Off September Near $157K With Surprising Momentum
Key Points:
Bitcoin cruises into September 2025 around $157,270. $160K looms ahead.
Gold keeps climbing, now at $4,125 per ounce. Schiff still hates Bitcoin, naturally.
ETF money flowing in - August saw $1.2B, best since February.
Everyone's watching job numbers and the Fed. Rate cuts? Maybe Q4.
September usually sucks for Bitcoin. Not this time. Already up +5.3%.
1. Bitcoin flirting with $157K as market stays calm
BTC touched $157,270 at the weekly kickoff before settling around $155,000. Traders see $160K-165K as the next battleground. The $148K-152K zone seems pretty solid. Buyers went crazy there last month.
2. Economic stuff matters now
Big economic news drops later this week. Jobs data will shape what the Fed does next. Markets think rates stay put through September. Things get interesting after that.
3. Gold shining bright, Schiff still being Schiff
Gold just hit $4,125 per ounce. Another record. World's still messy. Big money loves safe havens.
Peter Schiff kind of acknowledges Bitcoin's run but can't help himself. Gold is still his forever love.
4. Wall Street keeps buying, ETFs booming
Bitcoin ETFs pulled in $175.2M yesterday alone. August was huge - $1.2B in new money. It seems institutional buying is back in a big way. Not entirely clear why now, but they're buying 350% of what miners produce daily.
5. September curse broken?
September starts with "K" - historically Bitcoin's worst month. But 2025 feels different. Already up +5.3% in week one. August closed strong (+8.7%), Bitcoin's best post-halving August ever.
Some think the market's growing up, moving beyond the four-year cycle thing. Wall Street's involvement changes everything.