🔥 Gate Square Event: #PostToWinNIGHT 🔥
Post anything related to NIGHT to join!
Market outlook, project thoughts, research takeaways, user experience — all count.
📅 Event Duration: Dec 10 08:00 - Dec 21 16:00 UTC
📌 How to Participate
1️⃣ Post on Gate Square (text, analysis, opinions, or image posts are all valid)
2️⃣ Add the hashtag #PostToWinNIGHT or #发帖赢代币NIGHT
🏆 Rewards (Total: 1,000 NIGHT)
🥇 Top 1: 200 NIGHT
🥈 Top 4: 100 NIGHT each
🥉 Top 10: 40 NIGHT each
📄 Notes
Content must be original (no plagiarism or repetitive spam)
Winners must complete Gate Square identity verification
Gat
🔥 FOMC Crypto Market Alert: Markets Turn Red Ahead of the Fed
Crypto slipped into risk-off mode today as traders brace for the FOMC decision. BTC fell to ~$92,166, $ETH e to $3,355, while XRP dropped 4.9% to $2.06.
BlackRock added fuel to the tension after moving 2,000+ BTC (~$200M) to Coinbase - a transfer timed hours before the Fed update. Markets are wondering: what does BlackRock expect?
History isn’t comforting either: BTC fell after 6 of the last 7 FOMC meetings, averaging a 0.7% decline in the following 48 hours.
Technically, $BTC lost the $93K support and now sits at a “make-or-break” zone. A hawkish Fed could spark sharp volatility in both directions.
Meanwhile, XRP faces extra pressure as RLUSD activity dropped 60%- though supply on Ethereum continues to grow, showing users may simply be shifting chains.