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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.
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CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
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📅 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# 💙
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📅 Event Period
August 11 – 20, 2025
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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!
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📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
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Dare to trade. Dare to win.
Casual games explode, Computing Power projects compete fiercely, BTC fluctuates and altcoins generally fall.
Crypto Market Weekly Report: Casual Games Erupt, Computing Power Projects Compete Fiercely
Macroeconomic Environment
Inflation in the U.S. fell to a three-year low in May, but the Federal Reserve still maintains expectations for one rate cut this year, appearing somewhat hawkish. U.S. stocks continue to hit new highs, while the crypto market experiences wide fluctuations. The Federal Reserve's cautious stance may leave room for maneuvering in future policies.
Market Trends
This week, Bitcoin fluctuated, and altcoins generally fell. As Bitcoin continues to attract ETF inflows, the limited new funds in the overall market have constrained the performance of altcoins. In the past 90 days, only about 20 of the top 100 altcoins have outperformed Bitcoin. Market hotspots are concentrated on Base chain Meme coins, the Bitcoin ecosystem, and newly launched tokens.
Projects worth paying attention to include:
Bitcoin Data
Bitcoin prices are experiencing wide fluctuations, and it is expected that this volatile market may continue until the end of July. Market liquidity is insufficient, with more opportunities in individual stocks than in sectors.
Public Chain Data
The total locked amount ( TVL ) is 111.6 billion USD, with a week-on-week increase of 1.6%. The TVL of major public chains generally decreased, with only the TRON chain increasing. It is worth noting that the TVL of the SOLANA chain is nearing 6 billion USD, with the potential to surpass BSC and TRON.
NFT market
The overall trading volume in the NFT market has significantly declined, with the number of buyers decreasing accordingly. The floor prices of blue-chip projects vary, with CryptoPunks, BAYC, and MAYC experiencing declines, while Pandora and Pudgy Penguins have seen increases. Overall, the NFT market has not shown any significant improvement.
Financing Situation
This week's main financing projects include the AI trading platform Kaito, the Web3 application development platform Thirdweb, and cover areas such as AI, infrastructure, DeFi, and more.