Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
The Federal Reserve is expected to cut interest rates by 25 basis points this week and may inject $4.5 billion in liquidity, which is seen as positive news for the crypto market. Analysts believe that an easing policy will drive capital inflows into crypto assets. Interest rate cuts and liquidity injections usually lower borrowing costs and increase market liquidity, making investors more willing to enter high-risk assets such as cryptocurrencies, thereby pushing up Ethereum prices.
BitMine increased its holdings by 138,452 ETH, showing institutional confidence in Ethereum’s future trend. Tom Lee is optimistic about Ethereum strengthening in the coming months. Large-scale institutional accumulation usually indicates a positive outlook for the asset, directly increasing demand and indirectly driving prices higher by boosting market confidence.
The Fed's rate cut will extend the rebound in cryptocurrencies, especially as Bitcoin and Ethereum have attracted buying interest after the recent pullback. #美联储降息预测