💰 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 People's Bank of China announces a double reduction policy.
According to the Gate.io News bot, on May 7, the Governor of the People's Bank of China, Pan Gongsheng, announced the implementation of a double reduction policy at a press conference: a reduction of the reserve requirement ratio by 0.5 percentage points, as well as a reduction of the policy interest rate by 0.1 percentage points.