Announcements Gate Research: Bitcoin Faces Pressure and Pullback, Tokenized Precious Metals Market Cap Surpasses $1 Billion

Gate Research: Bitcoin Faces Pressure and Pullback, Tokenized Precious Metals Market Cap Surpasses $1 Billion

2024-09-24 12:46:00 UTC 2928 Read

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Gate Research Daily: September 24, Bitcoin (BTC) has seen a 24-hour price decline of 1.44%, currently trading at $63,074. Sectors such as account abstraction, decentralized identity, and cat-themed memes are experiencing strong upward trends. The total net inflow for Bitcoin spot ETFs in the U.S. is $4.56 million, while Ethereum spot ETFs have a total net outflow of $79.21 million. Lombard has minted 5,861 LBTC, with a total market capitalization of $368 million. The decentralized gaming platform Treasure DAO is set to launch the Treasure Layer2 network based on the ZKSync ecosystem. Three projects have publicly announced funding, raising over $6 million, focusing on infrastructure and DeFi sectors.

**Market Analysis**: BTC price has fallen 1.44% in the last 24 hours, currently at $63,074, with resistance at the $64,000 level.
**Top Performers**: The trending tokens in the past 24 hours are COMAI, AIT, and KARRAT.
**Spotlight Analysis**: Lombard has minted 5,861 LBTC, with a total market cap of $368 million.
**Market Opportunities**: LogX Foundation has launched a $LOGX airdrop checker, rewarding users participating in LogX V1 and the LogX testnet.

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Gate.io Team
September 25th, 2024

Gate Research: Bitcoin Faces Pressure and Pullback, Tokenized Precious Metals Market Cap Surpasses $1 Billion

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