📢 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
On August 9, 2025, Ethereum (ETH) stood out in the Crypto Assets market, becoming the market leader. The ETH price broke through the 3950 USD level, reaching a high of 4145.31 USD, setting a new high in nearly 8 months, with a 24-hour rise of up to 5.90%. From the perspective of Technical Analysis, ETH successfully broke through the key resistance level of 3708 USD, and the 4-hour chart shows it firmly standing above all moving averages, with the expansion of the Bollinger Bands suggesting that market Fluctuation may intensify. Notably, ETH derivation open interest surged by 12%, reaching 52.69 billion USD, with a significant proportion of long positions.
At the same time, Bitcoin (BTC) is showing a sideways consolidation trend. The current price of BTC is $116,809, stabilizing after a drop from a high of $119,000, with $116,000 seeming to become the new support level. Currently, the market volatility of BTC has dropped to a recent low.
Other crypto assets performed differently, showing significant differentiation. W token performed well, rising by 9.72%, with a current price of 0.092 USD. LINK and PEPE also increased by 5.87% and 5.13%, respectively. However, there were also some coins that experienced declines, such as TRX which dropped by 0.53%, and TON which slightly fell by 0.33%.
Overall, the cryptocurrency market shows a mixed situation of rises and falls, and investors need to closely monitor market trends and make prudent decisions. With Ethereum's strong performance, the market may welcome a new round of capital inflow and increased trading activity. However, considering the high volatility of the cryptocurrency market, investors still need to operate cautiously and manage risks effectively.