🎉 Congratulations to today's "Daily Best" winners!
Each receives 50 USDT for their outstanding in-depth articles! 👏
📝 Today's winners & articles
@Mr_qiang777 https://www.gate.com/post/status/19028534
@Coinstages https://www.gate.com/zh/post/status/19031206
@PlayerYU https://www.gate.com/zh/post/status/19038966
🔥 The event is heating up — 3 winners are selected daily!
You could be tomorrow's pick! Share your market insights now and win 50 USDT plus official exposure!
👉 Join now: gate.com/post
#GateSquare #DeepCreationCamp #DailyBest
🚨 Bitcoin surges past $117K!
BTC spiked 5% to $117,300 after Fed Chair Jerome Powell hinted at a possible rate cut in September during the Jackson Hole speech. The move liquidated nearly $380M in shorts, while ETH jumped 15% to $4,760, triggering over $193M in liquidations.
In total, more than $629M was wiped out across the market, catching 150K traders off guard. Analysts say the uptrend is back, with cycle targets from $145K to $200K in play. Optimism is growing as Trump’s crypto-friendly 401(k) plans and Fed policy could fuel BTC’s push to fresh all-time highs.
#Bitcoin BTC #Crypto