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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?
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📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
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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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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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Dare to trade. Dare to win.
The Bitcoin market has once again welcomed favourable information. After a brief pullback, this leading crypto asset strongly broke through the important threshold of $121,000 on August 11, reaching a recent new high, with a daily rise of over 2%.
This rise is hard-won. Just a week ago, due to the spread of panic in the market, the price of Bitcoin briefly fell below $112,000. However, the emergence of multiple Favourable Information factors quickly reversed the situation. Among them, the improvement of the policy environment in the United States is particularly crucial, especially the measure of including Bitcoin in 401(k) retirement accounts, which injected new vitality into the market.
At the same time, the return of institutional investors has provided strong support for Bitcoin. The influx of these large funds has not only driven the price rise but also enhanced market confidence in the long-term development prospects of Bitcoin.
Analysts point out that this rebound demonstrates the resilience and potential of the Bitcoin market. With the regulatory environment gradually clarifying and increased institutional participation, Bitcoin may usher in a more robust development phase. However, investors still need to be cautious of the market's high volatility and manage risks effectively.