📢 Gate Square #Creator Campaign Phase 1# is now live – support the launch of the PUMP token sale!
The viral Solana-based project Pump.Fun ($PUMP) is now live on Gate for public sale!
Join the Gate Square Creator Campaign, unleash your content power, and earn rewards!
📅 Campaign Period: July 11, 18:00 – July 15, 22:00 (UTC+8)
🎁 Total Prize Pool: $500 token rewards
✅ Event 1: Create & Post – Win Content Rewards
📅 Timeframe: July 12, 22:00 – July 15, 22:00 (UTC+8)
📌 How to Join:
Post original content about the PUMP project on Gate Square:
Minimum 100 words
Include hashtags: #Creator Campaign
Bitcoin Transitioning to Safe-Haven Asset as Volatility Plunges
The relative volatility of the world's leading cryptocurrency by market cap has been in a massive downtrend over the past several months
In fact, Bitcoin is becoming less volatile relative to the S&P 500, the major stock market index
Historically, Bitcoin was viewed as an extremely risky asset due to its high volatility compared to traditional markets.
Now, however, its volatility ratio has dwindled, and Bitcoin is behaving more like a traditional asset
Andre Dragosch, head of research at Bitwise, has noted that Bitcoin is now transitioning from a risky asset to a safe-haven asset.
Over the past several weeks, Bitcoin has been mostly range-bound. Earlier today, the cryptocurrency spiked to an intraday high of $110,386, according to CoinGecko data