DXY & Forex

Track the US Dollar Index (DXY) and major currency pairs to analyze how dollar strength, liquidity expectations, and interest rate spreads impact BTC, stablecoins, and global crypto pricing.
ALLStocksMetalsIndicesForexCommoditiesMonetary PolicyMacroeconomicsGeopolitics

Federal Reserve 96.4% Likely to Hold Rates in June, CME FedWatch Shows

According to CME FedWatch data released on June 5, the Federal Reserve has a 96.4% probability of holding interest rates unchanged in June, with a 3.6% probability of a cumulative 25 basis point rate cut. For July, the probability of maintaining rates stands at 88.5%, with an 8.2% chance of a 25 bas
GateNews·06-05 12:23

Tonight, the US May non-farm payrolls report will be released; a more hawkish stance from the Federal Reserve could either impact or disrupt the crypto market

Tonight at 20:30 Beijing time, the U.S. Bureau of Labor Statistics will release the May 2026 nonfarm payrolls employment report. This is not only the first “Nonfarm Friday” after the newly appointed Fed chair Waller took office, but also the last major economic indicator before the FOMC monetary policy meeting on June 16-17. Market consensus is that May nonfarm payrolls will add a net 85,000 jobs, slowing sharply from April’s 115,000; the unemployment rate is expected to stay at 4.3%; and averag
BTC-0.43%
GateInstantTrends·06-05 10:58
news-image

BTC plunges 0.73% in 1 hour: institutional capital outflows and leveraged liquidations trigger a wave of short-term selloffs

Between 07:00 and 08:00 (UTC) on June 5, 2026, the BTC price fell from 61,986.7 USDT to 61,379.0 USDT, with a return of -0.73% and a range of 0.98%. This period is in a phase of accelerated decline for BTC; within 24 hours, the drop exceeded 3.5%, and since the May 6 high of $82,500, it has cumulatively fallen by about 26%. The weekly trend is heading toward the largest week-over-week decline since November 2022. The main driver behind this abnormal move is continued institutional capital outflo
BTC-0.24%
GateNews·06-05 08:03