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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
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August 11 – 20, 2025
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3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
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Dare to trade. Dare to win.
Bitcoin Drops Below $90,000! QCP Capital Analysts Warned! Here are the details
According to the market update from QCP Capital, Bitcoin (BTC) fell below $90,000 for the first time in a month, breaking out of its recent trading range.
Bitcoin Falls Below $90,000 Amid Market Uncertainty, QCP Warns of Cautious Outlook
The flagship cryptocurrency is currently hovering just below this level, and market sentiment remains under pressure due to broader macroeconomic factors.
Trump Tariffs and Corporate Demand Concerns
QCP Capital attributes part of Bitcoin's recent weakness to US President Donald Trump's new trade policies:
These measures have increased economic uncertainty, leading to cautious trading in risky assets, including cryptocurrencies.
In addition, QCP notes that the recent demand for Bitcoin is largely driven by institutions, particularly companies financing BTC purchases through stock-linked bond issuances, such as Strategy.
However, the company warns that this source of finance may be approaching saturation and could potentially limit further corporate demand.
Cautious Outlook for BTC
With BTC struggling to maintain key support levels and institutional buying momentum likely slowing, QCP remains cautious about Bitcoin's short-term outlook.
The next few days could be critical in determining whether Bitcoin will break above $90K or continue its downward trajectory.