GMT ($GMT) Crypto Forecast: Up 5.8% Today

What is GMT?

GMT is a cryptocurrency token that showed strong bullish movement today, while the overall cryptocurrency market is under pressure with Bitcoin retracing ahead of the US Consumer Price Index data release.

Why is GMT going up?

GMT crypto is up 5.8% on Aug 12, 2025 20:36

• The bullish movement in GMT appears to be driven by positive sentiment in the cryptocurrency market despite the prevailing pressure.
• Traders seem to be speculating on GMT's growth potential in anticipation of the US Consumer Price Index data release.
• The upward movement in GMT may also be influenced by specific token-related developments or partnerships that are attracting investor attention.

GMT Price Chart

GMT Technical Analysis

GMT News

Top 3 cryptocurrencies to watch ahead of the US Consumer Price Index data

The cryptocurrency market is under pressure on Tuesday as Bitcoin (BTC) retraces to $118,500 at press time ahead of the US Consumer Price Index (CPI) data release at 12:30 GMT.

https://www.fxstreet.com/cryptocurrencies/news/top-3-cryptocurrencies-to-watch-ahead-of-the-us-consumer-price-index-data-202508121117

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GMT Price History

24.00.2025 - GMT Crypto was down 5.1%

• The bearish movement in GMT today could be attributed to the news of John McAfee being reborn as an AI memecoin and chatbot with a $27 million market cap. This unexpected development may have caused uncertainty and skepticism among investors, leading to a sell-off of GMT tokens.
• Despite the positive news of GMT Pay launching as a payment gateway for Web3 earnings, the overshadowing effect of the John McAfee news may have dampened investor sentiment towards GMT, resulting in the bearish market movement.
• The market's reaction to the conflicting news highlights the importance of investor perception and how external factors, such as high-profile individuals entering the cryptocurrency space, can impact the price action of tokens like GMT.

01.02.2025 - GMT Crypto was down 5.5%

• The bearish movement in GMT today could be linked to profit-taking by investors following a recent price surge.
• The launch of KAITO Coin on Bitkub might have attracted attention and investment away from GMT, resulting in reduced demand.
• Investors could be turning their attention to the potential of KAITO Coin, leading to a temporary decline in GMT's value.
• Maintaining a competitive edge and market relevance is crucial for GMT amidst the increasing competition in the cryptocurrency sector.

21.02.2025 - GMT Crypto was down 5.2%

• Today's bearish movement in GMT could be due to profit-taking by traders after a period of significant price appreciation.
• The introduction of new perpetual contracts with high leverage on Binance Futures may have redirected trader focus to other assets, resulting in decreased demand for GMT.
• Market sentiment towards cryptocurrencies may have been impacted by external factors like regulatory changes or macroeconomic events, affecting GMT's price negatively.
• Traders and investors are advised to stay informed about market developments to navigate the volatile nature of digital assets effectively.

12.07.2025 - GMT Crypto was up 5.8%

• The bullish movement in GMT appears to be driven by positive sentiment in the cryptocurrency market despite the prevailing pressure.
• Traders seem to be speculating on GMT's growth potential in anticipation of the US Consumer Price Index data release.
• The upward movement in GMT may also be influenced by specific token-related developments or partnerships that are attracting investor attention.

18.01.2025 - GMT Crypto was down 5.5%

• The decline in GMT's value is likely due to traders selling off their holdings after a period of price growth.
• Attention and investments may have shifted away from GMT due to the announcement of Binance's community voting for Pi Network, impacting demand for GMT.
• General market uncertainty and volatility could also be contributing to GMT's bearish movement as investors proceed with caution.
• Traders are advised to stay up-to-date with market changes and trends to make well-informed decisions in the ever-changing cryptocurrency environment.

11.03.2025 - GMT Crypto was up 6.3%

• GMT is a popular cryptocurrency token with a history of market volatility. Today, it saw a significant bullish movement.
• The launch of a new PROMPTUSDT perpetual contract with 25x leverage on Binance Futures on April 11 might have sparked enthusiasm in the cryptocurrency market.
• The addition of a high-leverage trading option could have drawn more traders to GMT, resulting in heightened buying activity and pushing the price higher.
• The announcement of this innovative trading feature may have fostered optimism towards GMT, playing a role in its bullish performance for the day.

01.01.2025 - GMT Crypto was down 5.1%

• GMT saw a bearish movement today, potentially due to profit-taking by investors following a recent price increase.
• The StratisEVM Token Swap schedule announcements could have drawn attention and trading volume away from GMT, reducing demand.
• Investor focus may be shifting towards the StratisEVM Token Swap, leading to a temporary decrease in interest and investment in GMT.
• The bearish movement might also be influenced by general market sentiment or external factors affecting the cryptocurrency market.

19.03.2025 - GMT Crypto was up 23.4%

• The bullish movement in GMT today could be attributed to the positive price predictions for the token in the long term (2025-2030), creating optimism among investors.
• The repeated mention of GMT's potential price reaching $0.50 in the future might have sparked renewed interest and buying activity in the token, contributing to its upward movement.
• Investors might be viewing GMT as a promising investment opportunity based on these optimistic forecasts, driving up demand and pushing the price higher.

12.02.2025 - GMT Crypto was up 6.0%

• GMT surged today as the overall crypto market continues its bullish momentum.
• Discussions on the reasons behind the crypto market's upward movement may have boosted investor confidence in GMT.
• Speculation regarding a potential market crash could have influenced traders to view GMT as a safe haven asset amidst crypto volatility.
• Positive sentiment and growing interest in cryptocurrencies overall likely played a key role in GMT's strong bullish movement today.

27.04.2025 - GMT Crypto was up 5.1%

• The bullish movement in GMT today could be attributed to the positive sentiment in the overall cryptocurrency market, driven by increased adoption and mainstream acceptance.
• The mention of a "CRYPTO RAVE" event at ETH Prague may have generated excitement and buzz around the cryptocurrency space, leading to a surge in demand for tokens like GMT.
• Events like these not only promote networking and collaboration within the crypto community but also serve as catalysts for price movements, as traders and investors anticipate potential market opportunities.
• As GMT continues to gain traction and visibility in the market, positive news and events can further propel its price upwards, attracting more investors looking to capitalize on the growing trend in the cryptocurrency sector.

20.03.2025 - GMT Crypto was up 5.4%

• Despite market fluctuations triggered by recent international events, GMT displayed remarkable resilience and showed a significant upward trend.
• This positive performance of GMT could be linked to optimistic long-term projections, heightening investor interest and driving the token's value.
• The enduring strength of GMT amid market uncertainties reflects investor confidence in its future prospects and utility, leading to heightened demand and price surge.
• While external forces can sway the market, individual assets like GMT may demonstrate independent price movements based on their distinct value propositions and market dynamics.

20.03.2025 - GMT Crypto was down 5.4%

• The decline in GMT is linked to the crypto market's drop following South Korea's acceptance of Trump tariffs, sparking uncertainty and prompting a selloff in cryptocurrencies.
• Price expectations of GMT hitting $0.50 in the future might have spurred speculative trading; however, current market conditions and external factors have overwhelmed these forecasts, resulting in the bearish movement.
• Despite the recent value increase in GMT, today's bearish movement is a response to broader market trends and geopolitical developments, impacting the market sentiment.