💰 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
In the past few days, BTC has also broken through 85000 as expected. Currently, ETH is showing strong movement, stabilizing above 1960 after breaking through 1960. It was around 2070 yesterday, facing resistance and pulling back to ETH 1988, continuing to be bullish. The resistance level is 2070, and once it breaks through 2070 again, we can see it around 2300.
BTC surged to around 87000 yesterday, retraced to around 84000, and did not hold above 85000. At the current position, BTC can be entered with a small position, continuing to watch for a bullish upward movement.
The recent performance is as follows.