๐ฅ Gate Square Event: #PTB Creative Contest# ๐ฅ
Post original content related to PTB, CandyDrop #77, or Launchpool on Gate Square for a chance to share 5,000 PTB rewards!
CandyDrop x PTB ๐ https://www.gate.com/zh/announcements/article/46922
PTB Launchpool is live ๐ https://www.gate.com/zh/announcements/article/46934
๐
Event Period: Sep 10, 2025 04:00 UTC โ Sep 14, 2025 16:00 UTC
๐ How to Participate:
Post original content related to PTB, CandyDrop, or Launchpool
Minimum 80 words
Add hashtag: #PTB Creative Contest#
Include CandyDrop or Launchpool participation screenshot
๐ Rewards:
๐ฅ 1st
U.S. PPI Data Influences Bitcoin Market Dynamics
U.S. Producer Price Index (PPI) data on interest rate expectations, effectively eliminating the possibility of a 50 basis point rate cut. In the cryptocurrency sector, U.S. Treasury Secretary Besent announced that the government will not sell confiscated Bitcoin and is exploring budget-neutral methods to acquire more Bitcoin to expand reserves.
Bitcoin's price, which fell from a high of $124,000 to $117,000, has stabilized around $119,000. The risk reversal is notably skewed towards bearish options. Despite macroeconomic pressures, QCP maintains that the upward trend in cryptocurrencies, which began in April this year, remains intact. This trend is supported by factors such as payment integration, balance sheet allocation, speculative positions, and increasing corporate adoption.
#BTC # #PPI#