📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
Recently, the Crypto Assets market has experienced a wave of Rebound. The price of Bitcoin has climbed back to around 115,000 USD, and Ether has also broken through the 3,500 USD mark. This wave of Rebound is significant for the current market trend, as it not only helps major Crypto Assets escape crucial support levels but may also indicate the direction of the US stock market.
Currently, the US stock futures index shows that the market has stabilized. Last Friday's sudden drop in the US stock market left investors puzzled, but this may just be a normal adjustment after a high-level consolidation. After a weekend of rest, market sentiment seems to have eased.
It is worth noting that an event of concern occurred last Friday. Due to objections to the employment data released by the Department of Labor, Trump ordered the dismissal of the Bureau of Labor Statistics Director Erika, accusing her of exaggerating the employment data. This move led to a surge in the probability of a Federal Reserve rate cut in September to 89.1%, far exceeding the previous expectation of less than 50% after Powell's speech.
Trump's move is seen as a strategic action. By questioning the reliability of official data, he indirectly challenges the Federal Reserve's decision-making basis. This approach cleverly applies pressure for interest rate cuts while maintaining the independence of the Federal Reserve.
As employment data controversies and market fluctuations unfold, investors are closely monitoring the Federal Reserve's next moves. Whether the rebound in the crypto assets market can be sustained, as well as the performance of the US stock market, will become the focus of the financial markets for the foreseeable future.