🎉 Gate Square Growth Points Summer Lucky Draw Round 1️⃣ 2️⃣ Is Live!
🎁 Prize pool over $10,000! Win Huawei Mate Tri-fold Phone, F1 Red Bull Racing Car Model, exclusive Gate merch, popular tokens & more!
Try your luck now 👉 https://www.gate.com/activities/pointprize?now_period=12
How to earn Growth Points fast?
1️⃣ Go to [Square], tap the icon next to your avatar to enter [Community Center]
2️⃣ Complete daily tasks like posting, commenting, liking, and chatting to earn points
100% chance to win — prizes guaranteed! Come and draw now!
Event ends: August 9, 16:00 UTC
More details: https://www
Another Black Monday for the markets
⚫ International markets faced another #BlackMonday.
🤑 The cryptocurrency market was no exception to the rule with the price of Bitcoin dropping from USD 86,000 to USD 81,100.
🇺🇸 On Wall Street, the tech-heavy Nasdaq index suffered its worst daily decline since 2022, losing 4 percent, with declines marked in Tesla (-15.4 per ciento), Nvidia (-5.1 per ciento), Alphabet (-4.4 per ciento) and Meta (-4.4 per ciento). The Dow Jones Industrial Average fell 2.1 percent and the S&P 500 fell 2.7 percent.
🗼 The Tokyo Stock Exchange closed with a strong drop of 4.05% this Monday, in its main index, the Nikkei, which represents its worst point drop since September of last year, dragged down by poor results on Wall Street at the end of last week and fears of new U.S. tariffs.
📉 After 10 consecutive days of positive inflows into spot Bitcoin ETFs, it is worth noting that the trend was broken last week, recording net outflows totaling USD 93.2 million.
🔽 U.S. Treasury bond yields fell amid expectations that the Federal Reserve will cut interest rates to mitigate the economic impact of the trade war driven by Trump.