🚀 Gate Fun Chinese Meme Fever Keeps Rising!
Create, launch, and trade your own Meme tokens to share a 3,000 GT!
Post your Meme on Gate Square for a chance to win $600 in sharing rewards!
A total prize pool of $3,600 awaits all creative Meme masters 💥
🚀 Launch now: https://web3.gate.com/gatefun?tab=explore
🏆 Square Sharing Prizes:
1️⃣ Top Creator by Market Cap (1): $200 Futures Voucher + Gate X RedBull Backpack + Honor Poster
2️⃣ Most Popular Creator (1): $200 Futures Voucher + Gate X RedBull Backpack + Honor Poster
3️⃣ Lucky Participants (10): $20 Futures Voucher (for high-quality posts)
O
** TODAY'S MARKET (12/08/2025)**
1. General situation:
The crypto market capitalization decreased by about 2–2.5%, now around $3.96 trillion.
Market sentiment is somewhat cautious, with many major currencies slightly declining.
2. Bitcoin (BTC):
The price has fallen from a high of $122K, currently trading around $118K–$119K, down ~2–3% in 24 hours.
Reason: higher than expected inflation data emerged, causing investors to worry that the Fed will delay interest rate cuts.
3. Ethereum (ETH):
Trading around $4,292 – $4,300, a slight increase of ~0.5–2.5% depending on the source. Ethereum ETF recorded a record inflow of over $1 billion.
ETH is approaching a multi-year peak, with a strong uptrend supported by institutional capital.
4. Solana (SOL):
Price around $178–$180, down slightly 1.6–2% on the day. Trading volume decreased by nearly 10%.
SOL has not broken through the strong resistance zone and is testing the support area near $173–$175.
---
** Quick summary according to Facebook standards**
MARKET TODAY - 12/08/2025
BTC: From the upper range of $122K, currently around $118K, decreased due to concerns about high inflation and Fed policy.
ETH: Steady around $4.3K, with strong momentum from the record ETF inflow of +$1B.
SOL: Slightly decreased to $178–$180, needs to hold $173–$175 to avoid a deep correction.
Overview: Crypto market capitalization slightly decreased, investors are cautiously waiting for inflation data and signals from the Fed.
Short-term strategy: Consider taking profits on BTC around resistance, keep an eye on ETH ETF developments; for SOL, wait for a signal to bounce back from the strong support zone before entering a trade.