🎉 Gate.io Growth Points Lucky Draw Round 🔟 is Officially Live!
Draw Now 👉 https://www.gate.io/activities/creditprize?now_period=10
🌟 How to Earn Growth Points for the Draw?
1️⃣ Enter 'Post', and tap the points icon next to your avatar to enter 'Community Center'.
2️⃣ Complete tasks like post, comment, and like to earn Growth Points.
🎁 Every 300 Growth Points to draw 1 chance, win MacBook Air, Gate x Inter Milan Football, Futures Voucher, Points, and more amazing prizes!
⏰ Ends on May 4, 16:00 PM (UTC)
Details: https://www.gate.io/announcements/article/44619
#GrowthPoints#
#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%.