📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
As of May 19, 2025, Bitcoin (BTC) experienced significant volatility, reflecting the broader uncertainty in the cryptocurrency market. The price surged to a high of $106,847.62 before retreating to around $103,011, marking a 0.9% decline over the past 24 hours . This fluctuation led to over $600 million in crypto derivatives positions being liquidated, catching both bullish and bearish traders off guard .
Despite the price dip, institutional interest in Bitcoin remains strong. Michael Saylor's Strategy acquired 7,390 BTC for approximately $765 million, while Japan's Metaplanet added 1,004 BTC to its holdings . These acquisitions underscore a growing trend of corporate accumulation, even amid market turbulence.
The recent volatility is attributed to a combination of factors, including macroeconomic concerns like the U.S. credit rating downgrade and inflation fears . Additionally, the crypto market's overall capitalization decreased by 3.3% over the last 24 hours, now standing at $3.36 trillion .
In summary, while Bitcoin's price has faced short-term setbacks, the sustained interest from institutional investors suggests confidence in its long-term value proposition.