🎉 Gate xStocks Trading is Now Live! Spot, Futures, and Alpha Zone – All Open!
📝 Share your trading experience or screenshots on Gate Square to unlock $1,000 rewards!
🎁 5 top Square creators * $100 Futures Voucher
🎉 Share your post on X – Top 10 posts by views * extra $50
How to Participate:
1️⃣ Follow Gate_Square
2️⃣ Make an original post (at least 20 words) with #Gate xStocks Trading Share#
3️⃣ If you share on Twitter, submit post link here: https://www.gate.com/questionnaire/6854
Note: You may submit the form multiple times. More posts, higher chances to win!
📅 July 3, 7:00 – July 9,
As of January 11, 2025, the cryptocurrency market demonstrates the following indicators:
Significant fluctuations have been observed in the cryptocurrency market in recent months. In October 2023, the market capitalization increased by 19%, making it the second-largest monthly growth that year. This surge was driven by the approval of spot Bitcoin ETFs and the mass closing of short positions amid sharp price fluctuations.
However, in December 2024, the Federal Reserve lowered interest rates by 0.25%, which led to a decrease in the price of Bitcoin to $98,792.67. At the time of publication, it is trading at around $101,158.92. This decline also affected other cryptocurrencies, such as Ethereum, Solana, and XRP, which showed a similar decrease.
At the same time, at the end of 2024, cryptocurrency regulation was introduced in Cyprus under the EU law (MiCA). This is aimed at protecting investors, increasing transparency of operations on cryptocurrency exchanges, and combating money laundering. Companies, cryptocurrency exchanges, and cryptocurrency wallet developers will be required to implement anti-money laundering measures and undergo customer verification.
Thus, the cryptocurrency market remains volatile, reacting to economic and regulatory changes. Investors are advised to closely monitor the news and consider the risks associated with investing in crypto assets.
interesting post, thanks for it
interesting post, thanks for it
interesting post, thanks for it