🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
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Remember the thrill of opening your first account, or the Gate merch that’s been part of your daily life?
📸 Join the #MyGateMoment# campaign!
Share your story on Gate Square, and embrace the next 30 million together!
✅ How to Participate:
1️⃣ Post a photo or video with Gate elements
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3️⃣ Share your post on Twitter (X) — top 10 views will get extra rewards!
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Weekly Analysis: Ripple Dominates with Impressive Weekly Stats
This week has seen a great struggle between bulls and bears with most cryptocurrencies experiencing much volatility within the week. Bitcoin (BTC) has had a rather slow session recording a mild weekly gain of 0.1% as the asset now trades at $27,229. Bitcoin has a current market cap of $528,193,130,123 as the trading volume stood at $8,641,261,835 as of press time.
Bitcoins volatility for the week has been rather stable as the Bollinger bands now move close to each other. BTC’s relative strength indicator is now moving below its average line indicating a bearish trend on BTC as the MACD indicator also moves approves a bridge to the negative region, showing the effort by bears over the week to acquire market dominance from the bulls.
Ethereum (ETH) has also had a rather fruitful session as the asset’s weekly gain now stand’s at 3.41% as it trades at $1,907. Ethereum has a current market cap of $229,366,582,849 as the trading volume now stands at $3,413,976,568.
Ripple (XRP) however had a rather fruitful week as the asset boasts a fruitful 10% gain for the week. Ripple, now trading at $0.5252 has a current market cap of $27,302,799,217 as the trading volume stood at $603,622,500.
Polygon (MATIC) has however had a tough week as the asset now trades at $0.9059 representing a 2% loss in price valuation for the week. This comes as Tron also ad a fruitful week recording gains of 6% for the week to take its price to $0.08215.
Arbitrum the top trending crypto currently on CoinMarketCap has had a weekly gain of 2.333% as the asset now trades at $1.23 with a trading volume of $158,301,510 and a market cap of $1,564,191,333