📢 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 the global economic environment evolves, the Bitcoin market is expected to encounter a significant turning point. By mid-2025, the Fed is anticipated to initiate a new round of interest rate cuts, with 3 to 4 cuts expected. This macroeconomic backdrop, combined with the Bitcoin halving effect in April 2024, may drive the price of Bitcoin to rise to a range of $100,000 to $120,000 under the dual effects of liquidity expansion and increased scarcity.
However, the market is not always smooth sailing. On August 9, 2025, which happens to be a Saturday, the liquidity in the Asian market is likely to be low, which may amplify price fluctuations. If the Bitcoin price approaches the historical high of $130,000, selling pressure from miners and long liquidation may trigger a pullback of 5% to 8% on that day, and the price may drop to around $112,000.
It is worth noting that in August, regulatory agencies may release a draft of cryptocurrency-related regulations ahead of the U.S. elections in November 2025. If the draft involves compliance requirements for decentralized finance (DeFi) or adjustments to capital gains tax, it could trigger market panic, causing Bitcoin prices to plummet by more than 12% in a single day.
Investors should closely monitor these potential market catalysts and risk factors to develop appropriate investment strategies. At the same time, it is important to recognize the high volatility of the cryptocurrency market and maintain a rational and cautious attitude.