🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
Gate has surpassed 30M users worldwide — not just a number, but a journey we've built together.
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
2️⃣ Add #MyGateMoment# and share your story, wishes, or thoughts
3️⃣ Share your post on Twitter (X) — top 10 views will get extra rewards!
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Bitcoin is Walking Hand in Hand with Euro: Institutions are Taking Rise-Focused Risks! - Coin Bulletin
Bitcoin (BTC) gained strength against the euro and the dollar, which shows that investors tend to shift their capital from US assets to other safe havens.
Recently, the option data related to Bitcoin (BTC) and euro-dollar (EUR/USD) exchange rates indicates these assets, which have shown a strong stance despite the decline in the U.S. stock market.
According to data obtained from platforms like Deribit and Amberdata, the short-term risk reversals of Bitcoin are slightly positive, indicating an increase in demand for call options. This situation follows a period where put options were in higher demand.
The EUR/USD risk has reversed positively, indicating an increase in demand for euro. These developments signal that investors are starting to move away from U.S. assets towards other assets like Bitcoin (BTC) and euro. In particular, the uncertain economic conditions in U.S. are directing investors towards assets considered safer.
On Monday, Bitcoin (BTC) exceeded $88,000. During the same period, the euro/dollar exchange rate rose to 1.1575, reaching its highest level since November 2021. This shows that investors are turning to alternative assets following the weakening of the dollar.