🎉 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
The price movement of Bitcoin has always been the focus of the Crypto Assets market. Recent statistics reveal an interesting phenomenon: after the last 7 meetings of the Fed's Open Market Committee (FOMC), Bitcoin experienced a rise 5 times. This data has drawn widespread follow from market participants.
More notably, during these pumps, the average return rate of Bitcoin reached 17.6%. This figure not only demonstrates the strong performance of Bitcoin during specific periods but also provides investors with a reference indicator worth following.
If this historical pattern continues, some analysts speculate that Bitcoin may break through the $140,000 barrier in the near future. However, we must bear in mind that past performance is not indicative of future results, and the high volatility of the Crypto Assets market means that any predictions should be taken with caution.
In addition to the impact of the FOMC meeting, there are many other factors that may affect the price of Bitcoin, such as the global economic situation, changes in the regulatory environment, technological advancements, etc. Therefore, investors should consider various factors comprehensively when making decisions, rather than relying solely on a single historical pattern.
Overall, this data provides us with an interesting perspective on the potential correlation between Bitcoin price and macroeconomic events. In any case, the development of the crypto assets market remains full of opportunities and challenges, requiring our continuous follow and analysis.