💰 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
Good morning 🌸
BTC rejected at 63,386.
*Regulation will be presented to the parliament as today's important developments in Turkey.
*The US producer price index will be announced at 15:30 Turkish time.
*Federal Reserve Chairman Powell will give a speech at 17:00 Turkish time.
Frankly, I do not expect hawkish statements and interest rate cuts from Powell. If hawkish statements do not come, I think we can start looking at the graph we were looking at with tears with joy 😝