💰 Gate.io Daily Topic & Post Event
➡️ #BitcoinStrategicReserveAct#
— On May 7, New Hampshire became the first U.S. state to include Bitcoin in its strategic reserves. The new HB 302 bill allows up to 5% of public funds to be invested in digital assets and precious metals with a market cap over $500B.
Will this boost Bitcoin’s price? Could it set a trend for other states or countries? Share your thoughts!
➡️ #FOMCMeeting#
— The Fed will announce its May rate decision on May 8. Despite pressure to cut, markets expect no change. How do you think this will impact the market?
✍️ Post with #Bitcoin
There are two possibilities for the Fed to raise interest rates on the 7th: no interest rate cut in May, and a small pullback in the big pie. In May, interest rates were cut, and the pie broke 100,000 and continued to rise. Personally, I think there will definitely be a rate cut in June. The negative of not cutting interest rates in May has long been digested, so there is a small pullback, the callback is an opportunity to do long, sometimes go to Bo that hundreds of points of callback, it is better to do more than a callback, before the interest rate cut in June, the pie must break a new height, and then call back to more than 80,000, now the arrow has to be sent, and the institution buys a large number of dollars every day, and tens of thousands of dollars burst the Air Force 3 billion US dollars, which is also the fat meat that the dealer wants to eat. During this time, the new high of each day has become a new low every two days, and the price of flatbread has been pushed up little by little! Moreover, the Air Force is slowly accumulating, and it is impossible for the Air Force to get rid of it by falling sharply!