🎉 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
ARK Invest: In April, Bitcoin outperformed the S&P 500, although the price experienced a pullback, it still remains in a bull run range.
Odaily News ARK Investment Management released the Bitcoin reading report for April 2025, which indicates that the economic outlook signals from inflation, market sentiment, and tax data are mixed, but the data shows that the Bitcoin price rose about 14% in April, outperforming the S&P 500 index. In addition, the report mentions that the current price correction of Bitcoin has not exceeded 30%, technically still within a bull market range. If it drops 30%, 50%, and 70% from the historical high, the corresponding price levels would be approximately $74,311, $53,080, and $31,848, respectively. Moreover, the number of unrecognized loss Bitcoins held by long-term holders (LTH) is close to 3.5 million, the highest level since 2018, indicating that the market may be in an oversold state, and ARK holds a "bullish" view on this. The report also mentions that the current profit supply ratio of Bitcoin has not exceeded 68%, far below the historical peak of over 80%, suggesting that the market has not shown signs of irrational exuberance. Overall, on-chain data reflects that the market is in a healthy consolidation phase. (ARK Invest)