💰 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 price of Bitcoin recorded a drop after the gross domestic product data of the United States was released, which contracted by 0.3% in the first quarter.
📉 In this regard, Bitcoin fell to USD 92,910, while the DOW and the S&P 500 dropped by 1% and 1.3% respectively.
🟢 However, at this time, the main cryptocurrency has once again surpassed USD 94,000.