💰 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 US financial market is experiencing instability.
Jin10 news, April 11 - Traders pointed out that the U.S. financial markets are showing signs of instability, with U.S. stocks and bonds both falling, and the dollar weakening, indicating that funds are withdrawing from dollar-denominated assets. Investors are beginning to worry whether U.S. Treasuries will lose their anchor position in the global financial market. A securities trader stated, "It is quite tricky now, better to watch more and do less." He noted that if the selling pressure on U.S. Treasuries does not stop, the negative impact will transmit to all financial assets except gold.