📢 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
The crypto assets market has recently experienced a wave of severe fluctuation, with Bitcoin once hitting a low of $112,584, followed by a slight rebound to $112,864. Ethereum also could not escape, following the fall to $3,414. This pullback has sparked widespread attention and discussion among market participants.
In the past 24 hours, the liquidation amount in the crypto market reached as high as $545 million, with long liquidations dominating. Such grim data seems to suggest a shift in market sentiment. Observers have noted that certain large investors have accumulated considerable floating profits in their short positions, raising speculation about possible market manipulation.
Industry insiders generally believe that it is highly probable for Bitcoin to test the $110,000 mark. Renowned crypto assets analyst Arthur Hayes even predicts that Bitcoin may fall to $100,000. However, there are also potential positive factors in the market, such as news regarding Trump possibly launching Bitcoin-related strategies, which could provide some support in the short term.
In the face of the current market environment, investors are taking a cautious approach. Many are choosing to wait and see, avoiding blindly following the trend. At the same time, some investors are adjusting their portfolios, increasing the allocation of Bitcoin and stablecoins to cope with potential further fluctuations.
During this uncertain period, market participants need to remain vigilant and closely follow various influencing factors, including macroeconomic data, changes in regulatory policies, and the movements of large institutional investors. Whether bullish or bearish, a reasonable risk management strategy is particularly important.