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- 🚀 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.
📊 The US July CPI data has just been released!
🔥 Key Data:
• Unadjusted annual CPI: 2.7% (expected 2.8%, previous 2.7%)
• Core CPI MoM: 0.35% (UBS forecast)
• Data is below expectations, and inflationary pressures have eased.
💰 Market reaction is strong:
• The US Dollar Index DXY plummeted over 30 points to 98.25
• Traders significantly increased bets on a Fed rate cut in September.
• The current price of Bitcoin is $119,010, down 0.61% in the last 24 hours.
• The current price of Ethereum is $4,397, with a 24-hour increase of 5.28%.
📈 Investment Advice:
The CPI data being lower than expected strengthens expectations for interest rate cuts, recommendation:
1. Go long on cryptocurrencies, especially ETH which has shown strong performance.
2. Shorting dollar-related assets
3. Pay attention to the key support levels of Bitcoin at $118,163 and $116,934.
🎯 Market Outlook:
Unless tariffs bring obvious price pressures, the probability of the Federal Reserve cutting interest rates in September greatly increases, which is beneficial for risk assets!
The above content is generated by MLP AI and does not constitute investment advice ( NFA ). The cryptocurrency market is highly volatile, please invest rationally and assume your own risks. #CPI公布#