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- 🎁 12th Anniversary Celebration – Reward Distribution Notification
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- 【Gate Daily Market Digest】📊
Unlock today’s key crypto market insights at a glance!
Top Gainers⭐️ $SNAKEAI $YBDBD $BASEPTL $FPFT $TMAI
Trending Coins🔥 $YBDBD $LAUNCHCOIN $SPX $MIRAI $ANIME
#FearGreedIndex# #TopGainers#
- #May CPI Incoming#
This Wednesday, the U.S. will release May CPI data — a key test for rate cut expectations. Cleveland Fed forecasts 2.4% YoY CPI (up from 2.3%), with core CPI flat.
💬 If inflation beats expectations, will the Fed still cut in June? Will you stay on the sidelines or take early action?
#Tech Giants Eye Stablecoins#
Apple, Google, Airbnb, and X are in talks to integrate stablecoins into their payment systems, aiming to cut fees and streamline global payments. Following Circle’s IPO surge, stablecoins are quickly gaining traction across tech and finance.
💬 Could stablecoins be - Trading Myth vs Reality: Rising Wedge
❌ Myth
"A rising wedge is a bullish signal; buy immediately once the pattern completes."
✅ Reality
Proper rising wedge trading requires confirmation:
1.A clear break below the lower line (2 confirmed closes)
2.Volume increase on the break
3.A pullback that doesn't break above the lower line
💡 How to trade correctly:
· Wait for the pullback after the break
· Set stop-loss above the upper line
· If price breaks above upper line, volume must confirm or it's a false breakout
- What are Gate Post Ambassadors? One article guides you through the responsibilities and benefits of being a Gate Post ambassador!👇️
Trump’s Tariffs Cause Crypto Prices to Plummet During National Emergency
The recent announcement of a national emergency by President Trump has led to increased turmoil in global financial markets, affecting various sectors, including cryptocurrencies. The imposition of new tariffs by the Trump administration has caused a dent in crypto prices, with many investors turning to digital assets as a safe haven amid the economic uncertainty.
The uncertainty surrounding the trade war between the United States and China has sent shockwaves throughout the cryptocurrency market, leading to increased volatility and fluctuations in prices. As a result, many digital assets have experienced sharp declines in value, causing concern among traders and investors.
Despite the challenges posed by the tariffs and the national emergency declaration, some experts believe that cryptocurrencies could actually benefit from the current economic turmoil. As traditional markets struggle to find stability, digital assets may present a viable alternative for investors looking to diversify their portfolios and hedge against geopolitical risks.
It is crucial for investors to stay informed about the latest developments in the global economy and the cryptocurrency market to make informed decisions. By carefully monitoring market trends and staying ahead of the curve, investors can navigate the current economic uncertainty and potentially capitalize on the opportunities presented by the current situation.
The post Trump’s Tariffs Cause Crypto Prices to Plummet During National Emergency appeared first on Crypto Breaking News.