💰 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
Analysts: A weaker dollar and an optimistic outlook for trade talks drove oil prices higher
On April 16, crude oil futures continued to rise, encouraged by the weakness of the dollar and the prospect of U.S. tariff negotiations. Naga.com Middle East analyst George Pavel said in a note that macroeconomic headwinds could limit the recovery in prices, despite optimism about a potential tariff cut, while an increase in U.S. crude inventories suggests ample supply. Without stronger support from the broader market environment, crude oil prices are likely to remain near the lows.