🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
Only 1 day left! Your favorite creator is one vote away from TOP 10. Interact on Square to earn Votes—boost them and enter the prize draw. Prizes: iPhone 16 Pro Max, Golden Bull sculpture, Futures Vouchers!
Details 👉 https://www.gate.com/activities/community-vote
1️⃣ #Show My Alpha Points# | Share your Alpha points & gains
Post your
WHY BITCOIN AND CRYPTO DUMPED?
THE MARKET DUMPED BECAUSE
OF ONE REASON 👇
THE FED TURNED HAWKISH.
IN THE PAST FEW MONTHS, CPI HAS STARTED TO GO UP, AND THE FED NOW THINKS THIS COULD BE A PROBLEM.
IT WAS EXPECTED THAT THERE WOULD BE 3 MORE RATE CUTS IN 2025, BUT AFTER TODAY'S FOMC MEETING, THE ESTIMATE IS DOWN TO JUST 2 RATE CUTS.
NOT ONLY THAT, THE FED THINKS THAT ITS 2% INFLATION TARGET WON'T HAPPEN ANYTIME SOON, SO THEY'LL KEEP THE MONETARY POLICY A BIT RESTRICTIVE.
IN SIMPLE TERMS, SLOW THE RATE CUTS AND DON'T START THE MONEY PRINTER.
AS WE ALL KNOW, BITCOIN AND CRYPTO PERFORM BEST WHEN THERE IS EASE IN MONETARY POLICY.
WILL THE MARKET CONTINUE TO GO DOWN?
IN THE SHORT TERM, MAYBE YES.
IN THE LONG TERM, WE'RE GOING UP ONLY.