Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
Today
13:51
0

Fed SOFR Falls to 3.94% on October 28 as Fed Holds Rates Steady

According to data from the Federal Reserve Bank of New York, the secured overnight financing rate (SOFR) fell to 3.94% on October 28, down from 3.95% the previous day. The effective federal funds rate held steady at 3.88%, unchanged from the prior trading day.
13:51
0

USD/KRW Trades at 1,338.10 Won on Oct 29 as Fed Holds Rates at 3.75-4.00%

According to Yonhapinfomax, the USD/KRW exchange rate traded at 1,338.10 won on October 29, up 0.40 won from the previous session. The Federal Reserve held its benchmark interest rate at 3.75-4.00% at the October FOMC meeting. Fed Chair Kevin Wash stated he would not characterize financial
More
13:37
0

Bitcoin Holds Above $70K Amid Multiple Macroeconomic Headwinds

According to Trader Killa on ChainCatcher, Bitcoin held above $70,000 today despite multiple macroeconomic pressures including the Federal Reserve's hawkish stance, rising oil prices, elevated CPI data, surging bond yields, a stronger U.S. dollar, a Ledger wallet security breach, and concerns
More
BTC-0.66%