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- Welcome Kevin_Lee to the Gate Square! 🎉
Looking forward to more great crypto insights from him.
Check out and engage with Kevin_Lee’s latest post!
👉 Post: https://www.gate.com/post/status/11758920
👉 Profile: https://www.gate.com/profile/Kevin%20Lee
Let’s give Kevin_Lee a warm welcome! 👏👏👏
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Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!🎯 LOT Newcomer Limited-Time Airdrop is Live!
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Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!
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1️⃣ Create a post on Gate Post
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- 🚀 Gate Square Creator Spark Program is Live!
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📄 More info 👉 https://www.gate.com/announcements/article/45695 - 🎉 Gate Alpha Second Points Special Airdrop is coming!
Get Token Mystery Boxes based on your Alpha Points - No points will be deducted.
📸 Alpha Points Snapshot: June 24, 16:00 (UTC)
Multi-chain trading now supported — buy on-chain assets directly with USDT!
🔗 Full details: https://www.gate.com/announcements/article/45683
Analysts: The current pump of Bitcoin is led by institutions, while retail investors remain on the sidelines.
Odaily News Coindesk analyst Aoyon Ashraf stated that Bitcoin reached a historic high this week, primarily driven by institutions, while retail investors were almost "absent" from this round of pump. A quick search using the keyword "Bitcoin" on Google Trends reveals that the search frenzy seen during the 2021 bull run is completely absent now. Although there was a brief wave of retail enthusiasm during the U.S. presidential election, when a rapid surge of Meme coins ignited market sentiment temporarily, that heat has long since faded. Despite Bitcoin breaking through $111,000 to set a new all-time high this week, the prices of Meme coins have rapidly fallen, cooling retail enthusiasm. Even though Bitcoin has reached an all-time high, traders remain cautious, as evidenced by the lower funding rates and increased short positions. Current market sentiment shows a trend towards more sustainable trading behavior, which may pave the way for long-term gains. (CoinDesk)