- Topic
66k Popularity
3k Popularity
120k Popularity
487 Popularity
31k Popularity
- Pin
- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
📍 Follow Gate_Square, vote and drop your reason.
🎁 4 winners split $100 Futures Voucher! - 📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ - 💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
🎯 How to Participate
1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win.
Bitcoin Rises Above $71,000 Despite Market Fall; Ethereum and Solana in Decline
Performance Against Bitcoin Market Volatility
In the last 24 hours, Bitcoin has experienced small fluctuations but ultimately managed to stay above $71,000; rising up to $71,142.90 and falling to $70,119.12. This resistance occurred despite a significant $132.2 million outflow in Bitcoin ETFs reported by Farside Investors on June 6th. As the global market declines, Bitcoin's dominance increased by 0.21% to 53.24% and recorded a net gain of 0.22% daily. The leading cryptocurrency in the industry shows its resilience amidst the sea of red and emphasizes its strong position in the crypto hierarchy.
Ethereum and Altcoin Dynamics
Ethereum, experiencing a 1.57% decrease, dropped to $3,804.81. Despite an increase in daily active users after the ETF approval, Ethereum could not escape the overall negative market sentiment. Similarly, Solana experienced a 2.02% decrease, falling back to the $170.47 level it surpassed a day ago. While Ripple remained at $0.5223, it experienced a 0.68% decrease, causing concern among investors at this critical support level. Altcoins demonstrated fundamental support strength despite extensive sales parallel to general market trends.
The Status of Meme Tokens
Meme tokens like Dogecoin (DOGE) and Shiba Inu (SHIB) continue to experience declines; Dogecoin lost 1.01% and Shiba Inu lost 2.99% in value. Other speculative tokens like PEPE, WIF, and BONK showed sharper declines of around 5-6%. Amidst this gloomy outlook, FLOKI recorded a modest increase of 0.93%, signaling selective investor interest in this highly speculative segment. The performance of meme tokens highlights the rapid shifts in sentiment in the cryptocurrency market.
Result
In summary, over the past 24 hours, the cryptocurrency market has generally been on a downward trajectory, with some tokens such as Bitcoin and Toncoin showing resistance. Ethereum and a few altcoin reflected the overall market decline but maintained critical support levels, indicating a potential rebound. The main lesson for investors is to stay informed and be cautious, especially with volatile investments like meme tokens. Keeping a close eye on market dynamics is critical to navigating the ever-changing cryptocurrency industry.