🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
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Dare to trade. Dare to win.
🙄 Make interest rates great again?
Today is a big red folder trade day, with US advance #GDP# numbers and #FOMC# rates released.
- Powell has nothing to lose, so rates (in Sep) likely won't change if GDP numbers are strong.
- A Fed rate drop (Fed Pivot) is good for #bitcoin/stocks short-term, per historical data.
- Expect high volatility during these releases, as most traders stay sidelined (thin order book).