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- #Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
💬 Do you think Bitcoin will become a new norm for corporate asset allocation? How might this impact Bitcoin’s price? What’s your recent BTC trading strategy? Post to share your price predictions, market analysis, and strategies with us using the topic tag!
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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617
Algorithmic trading Bots and liquidity tightening exacerbates stock Fluctuation.
On April 8, Jin10 reported that due to insufficient liquidity and headline-driven algorithmic trading Bots, the stock market is particularly susceptible to severe fluctuations. A false tweet about Trump's tariff plan on Monday triggered a $2.7 trillion market rebound and pushed the US stock market to rise again today. As traders struggle to keep up with the market pace, market makers are starting to retreat, making trading more expensive and causing the stock market to become extremely volatile. These conditions persist, with the S&P 500 index soaring over 3% at the start of the most recent trading day. Brent Kochuba, founder of options data provider Spot Gamma, wrote: "Liquidity is terrible, so any relatively large order will impact the market."