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- 🔥 Poll: Can BTC Break Its ATH This Week?
ATH Recap: Bitcoin hit its ATH of $109,702.5 on Jan 20, 2025, followed by a consolidation phase.
Recent Trends: With easing geopolitical tensions, sustained institutional inflows, and improving market sentiment, BTC has shown strong upward momentum.
This Week’s Key Question: The market looks bullish, but the ATH remains a major resistance level.
🗳️ Share your take—let’s see where the market goes! - 🔵 #GENIUS Stablecoin Bill#
On May 20, Eleanor Terrett reported that the GENIUS Stablecoin Bill passed a procedural vote (66-32), officially entering the review phase, though it hasn't yet become law. This marks significant progress toward the first U.S. federal stablecoin regulation framework. Is this a positive compliance step or a sign of increasing regulatory pressure? Share your thoughts!
🔵 #SOL Breaks $170#
SOL has passed the $170 mark, currently trading at $170.01, up 0.9% in the past 24 hours. However, according to regulatory filings submitted Monday, the SEC has extended the review d - 🔥 Gate Post Ambassador Exclusive Posting Reward Task Is On!
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Just as we declare
- 🍕 Bitcoin Pizza Day is Almost Here!
Join the celebration on Gate Post with the hashtag #Bitcoin Pizza Day# to share a $500 prize pool and win exclusive merch!
📅 Event Duration:
May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
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Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
🔹 Commemorative:
Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
🔹 Trading Insights:
Discuss BTC trading experiences, market views, or show off your contract gai
Bitcoin Slumps Below $81,500 As Weekend Slide Hits Major Cryptocurrencies
XRP and Cardano‘s ADA emerged as the biggest losers among major cryptocurrencies, both declining approximately 5% over the past 24 hours. Other significant altcoins weren’t spared, with Solana’s SOL, Dogecoin (DOGE), and ether (ETH) recording losses between 2-3% during the same period.
This cryptocurrency pullback coincides with broader market uncertainty, as global stock indices opened lower Monday, extending their decline to a fourth consecutive day. Investors worldwide are positioning defensively ahead of President Donald Trump‘s anticipated announcement of new tariffs scheduled for April 2, with growing concerns about potential economic damage from trade tensions.
Asian markets bore the brunt of the selling pressure, with Hong Kong‘s Hang Seng declining 1.7% during morning trading. More dramatic drops were seen in Japan‘s Nikkei 225, which fell 3.8%, and Korea‘s KOPSI index, which retreated 3%. These export-dependent economies appear particularly vulnerable to changes in U.S. trade policy.
Market weakness extended beyond Asia, with futures for both U.S. and European equities indicating further declines. In a classic flight to safety, traditional safe-haven assets gained ground, with Gold reaching an all-time high while U.S. Treasury yields declined as investors sought security.
The market tension has prompted portfolio managers globally to adopt more conservative approaches. Many are either reducing risk exposure or avoiding substantial new investments altogether, unsettled by the potential economic implications of the forthcoming “reciprocal tariffs” announcement.
This cautious sentiment appears to be spilling over into cryptocurrency markets, which have frequently shown correlation with traditional risk assets during periods of macroeconomic uncertainty.
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