📢 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
Recently, the U.S. stock market has suffered a heavy blow, mainly due to a significant downward revision of non-farm payroll data, raising concerns about an economic recession. Although there is indeed a recession trend in the U.S. economy in the long term, in the short term, the market is more focused on policy directions. This stock market fall is different from the situation in April, as the U.S. Treasury market has not collapsed, indicating that funds have not fallen into panic, and it may just be a technical adjustment.
The current government may not have made advance arrangements for this market fall, but rather it is an unexpected situation caused by data errors. It is expected that the government will take measures to stabilize the market, and then seek to make up for it.
In the early stages of an economic recession, cryptocurrencies like Bitcoin may be the first to encounter a fall. However, if the Federal Reserve is forced to take easing measures to save the market, cryptocurrencies may experience a rebound. In the long term, if stagflation occurs, both Bitcoin and gold may rise simultaneously.
Investors should not overly believe in the so-called 'curse' regarding the market fall at the beginning of August. There has not yet been a clear top signal on the monthly chart, and the possibility of the market reaching new highs still exists. In the short term, investors can follow the rebound strength near 116,000 and 3,660.
In the current market environment, it is advised that investors do not excessively bet on a single direction, but should control their positions and retain sufficient funds to cope with potential sudden fluctuations. Wait for clear signals from the market before making decisions to avoid being disrupted by short-term market volatility.