📢 Gate Square #Creator Campaign Phase 2# is officially live!
Join the ZKWASM event series, share your insights, and win a share of 4,000 $ZKWASM!
As a pioneer in zk-based public chains, ZKWASM is now being prominently promoted on the Gate platform!
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🎨 Campaign 1: Post on Gate Square and win content rewards
📅 Time: July 25, 22:00 – July 29, 22:00 (UTC+8)
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Post original content (at least 100 words) on Gate Square related to
The cryptocurrency market is exhibiting strong volatility, with BTC recently rebounding and breaking through 118000 USDT, showing a 24-hour increase of 1.18%, indicating a recovery of long positions 📈. However, it subsequently fell below 117000 USDT, highlighting market uncertainty. ETH is facing pressure, briefly dropping below 3500 USDT, with a 24-hour decrease of 2.76%, possibly affected by global macro factors, and investors need to pay attention to the technical support level 💹. On the policy front, Trump's "GENIUS Act" claims to help the U.S. achieve global dominance in encryption technology 🌐, viewing the stablecoin bill as a significant recognition, suggesting that cryptocurrency assets will gain more legal support, which may boost market confidence. At the same time, Trump forecasts major trade agreements and tariff measures (such as a 35%-40% levy), which, if realized, could bring inflation expectations and USD fluctuations, indirectly favouring cryptocurrencies 💼. In terms of investment direction, the WLFI token has been approved for trading, expected to launch within 6-8 weeks, along with a $200,000 investment in various assets (like BANK, TAG, etc.), reflecting proactive institutional positioning. JPMorgan pointed out that overseas regulations favor tokenized bank deposits over stablecoins, which may accelerate innovative integration under the ongoing negotiations in Europe and the U.S. (as mentioned by the German Chancellor in the final stages) 📊. Overall, the cryptocurrency market presents opportunities for short-term rebounds, but geopolitical risks should be heeded, and investors are advised to adopt a decentralization allocation strategy to cope with fluctuations 😊.