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- 🔥 Gate Post Ambassador Exclusive Posting Reward Task Is On!
👉 Post daily from May 19 to May 25 and share a $300 prize pool based on your post quality!
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Post every day for 7 days with an overall quality score above 90 to qualify for S-Level.
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Launching our global domain Gate.com, alongside a brand-new logo!
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- 🔵 #Altcoin Season Index Hits 24#
CoinMarketCap data shows the altcoin season index has climbed to 24, up 2 points from yesterday. Among the top 100 projects by market cap, about 24 have outperformed BTC over the past 90 days. Do you think the altcoin season is true here? Which sectors do you expect to lead the charge? Share your predictions!
🔵 #Saylor Hints at More BTC Buying#
Michael Saylor, founder of Strategy, recently released new Bitcoin Tracker updates. Historically, Strategy tends to disclose BTC accumulation the day after such announcements.
What’s your take—will they increase thei - 🔵 #Can BTC Break $110K?#
Bitcoin recently broke above $107,000 and is currently trading around $105,000, just shy of its all-time high at $109,580. Do you think Bitcoin can set a new record and push past $110,000? Share your analysis and predictions with us!
🔵 #AI Token Market Cap Rebounds#
According to CoinGecko, the total market cap of the AI agent sector has rebounded to $6.862 billion, with a 1.2% increase in the past 24 hours. Notably, VIRTUAL surged 18.5%, and AI16Z rose 7.1%. Which AI tokens are you bullish on? How are you planning your portfolio strategy? Let’s hear your thoughts! - 🍕 Bitcoin Pizza Day is Almost Here!
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May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
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Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
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Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
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Bitcoin's Demand Surge Fuels Price Support at $90,000
Bitcoin (BTC) has demonstrated a strong recovery, climbing from $84,000 to over $94,000 in the past week, driven by renewed investor interest. Analysis from CryptoQuant indicates that $90,000 has become a robust support level for BTC.
Dormant Capital Re-enters the Market
CryptoQuant's analysis highlights a significant increase in "apparent demand" for Bitcoin, a metric reflecting buying interest. This surge is attributed to dormant capital re-entering the market, as indicated by a sharp rebound from a negative demand of -200,000 BTC. According to CryptoQuant, "A strong bounce from extreme negative values (below -200K BTC) suggests that previously dormant capital is rotating back in." 1 This suggests a shift from previous selling pressure and investor apathy to renewed buying activity.
Potential for Further Rally
Bitcoin's ability to maintain levels above $90,000 for four consecutive days signals a bullish trend. The article also notes that Bitcoin is consolidating above the $94,000 level, suggesting potential for another rally. Furthermore, Michael Saylor's enthusiastic reaction to Bitcoin reaching $95,000, stating, "Bitcoin is faster," underscores the growing confidence in the cryptocurrency's performance.
Current Market Status
As of writing, Bitcoin is trading at $94,367.04, up 0.76% in the last 24 hours, with a trading volume of $35.46 billion.