💰 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
The crypto market zone generally experienced a pullback, with only the SocialFi and Meme zones remaining relatively strong.
According to ChainCatcher news and SoSoValue data, after several days of rise in the crypto market zone, a general pullback is welcomed today, with only the SocialFi and Meme zones remaining relatively strong. Among them, SocialFi rose 1.97% in 24 hours, Toncoin (TON) rose 2.66%, and UXLINK rose 3.82%. The Meme zone has seen a continuous pump for four days, with Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) rising 1.39%, 2.74%, and 6.55%, respectively. The cryptocurrency sector index reflecting the historical market trends of the zone shows that the ssiSocialFi and ssiMeme indices have risen by 2.22% and 1.09%, respectively. Notably, the weekly return rate of the ssiMeme index has reached 14.37%. In other zones, the DeFi zone fell by 0.50% in the last 24 hours, with Sky (SKY) performing strongly, rising 10.32% in a single day; the RWA zone decreased by 1.20%, with Plume (PLUME), which had previously risen significantly, pulling back by 7%, but Maker (MKR) rose against the trend by 10.71%; the CeFi zone dropped by 1.39%, among which Hyperliquid (HYPE) was affected by a mechanism attack, with a 24-hour decline of 7.38%; the Layer1 zone decreased by 1.54%, with Sui (SUI) peaking at 8.05% during the session; the Layer2 zone fell by 1.64%, and the PayFi zone dropped by 3.50%.