🚗 #GateSquareCommunityChallenge# Round 2 — Which coin is not listed on Gate Launchpad❓
Time to prove if you’re a true Gate veteran!
💰 Join the challenge — 5 lucky winners will share $50 in GT!
👉 How to participate:
1️⃣ Follow Gate_Square
2️⃣ Like this post
3️⃣ Comment with your answer
🗓️ Deadline: October 8, 2025, 24:00 (UTC+8)
Recently, the cryptocurrency market has experienced an exciting surge. As a leader in the digital asset space, Bitcoin's performance is particularly noteworthy. After a tumultuous September, Bitcoin's price has rebounded from its lows, rising back to the $114,000 mark, demonstrating a strong upward momentum.
As of the latest quote, the trading price of Bitcoin has reached $114,603, with a 24-hour increase of 2.5%. This price level is only 7.7% away from the historical high of $124,128 set on August 14, indicating that market confidence is gradually recovering.
It is worth noting that the trading activity of Bitcoin has also shown a significant increase. In the past 24 hours, the daily trading volume of Bitcoin surged by 70%, reaching $58.8 billion. This data indicates that investor participation enthusiasm is rapidly recovering, laying the foundation for a stronger market ahead.
Multiple favorable factors are driving the price of Bitcoin upwards. First, the Federal Reserve's interest rate cut decision on September 17 has led to a weakening of the dollar, indirectly boosting the appeal of Bitcoin as a digital asset. Second, the continuous inflow of institutional funds has injected new vitality into the market. In addition, on-chain data shows that long-term holders are increasing their Bitcoin holdings, while exchange reserves are on a downward trend, all of which are potential bullish signals.
From a technical perspective, Bitcoin is also showing positive signs of improvement. Some market analysts believe that the wave of increases that began at the end of September is likely to mark the beginning of a significant rise in the fourth quarter. Some optimistic predictions even set the year-end price target for Bitcoin around $180,000, which would be a new historical high.
However, investors still need to remain cautious. The cryptocurrency market has always been highly volatile. Although the current situation looks promising, the possibility of sudden pullbacks cannot be ruled out. While chasing high returns, it is also essential to fully evaluate risks and manage asset allocation and risk.
As the last quarter of 2025 approaches, the trends in the Bitcoin market will stir the nerves of global investors. Regardless of the outcome, this will be an important chapter in the development of encryption currency.