Tap to Trade in Gate Square, Win up to 50 GT & Merch!
Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
Click the registration link to join
https://www.gate.com/questionnaire/7401
Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
 is around $78,000. After a sharp decline yesterday, it slightly rebounded, climbing back from a low of $75,000.
This week has been extremely brutal, dropping below $80,000, hitting a new low since April 2025, with over $2.5 billion in liquidations. The main reasons are the delayed expectations of Federal Reserve rate hikes, the collapse of tech stocks in the US stock market, and a very strong US dollar, causing risk assets to be hammered.
Look at these charts: the price dropped directly from over $120,000 last year to current levels, now fluctuating between $75,000 and $79,000, heavily bearing the signs of a bear market.