Monetary Policy

Gate News message, the crypto market Fear & Greed Index has climbed to 41, marking its highest level in 97 days. Bitcoin has recovered above $64,000, while ETF inflows have returned following months of outflows. Expectations for a September Federal Reserve rate hike have eased during this

On August 18, 2026, Gate market data showed Brent crude at $89.16 per barrel, up approximately 5% for the week; WTI crude was at $84.09 per barrel, up 3.06% over the past 24 hours. Since the beginning of 2026, international oil prices have risen by more than 75% cumulatively, with geopolitical risk premiums becoming the key driver of prices, rather than traditional supply-and-demand fundamentals. Source: Gate 行情数据 On August 18, Gate mark

In August 2026, the core legislation of the U.S. crypto market regulatory framework, the Digital Asset Market Clarity Act (CLARITY Act), is facing unprecedented uncertainty. According to data from Gate’s event market, the probability of the bill being signed into law in 2026 has plunged from its February 19 peak of 82% to approximately 20%. Galaxy Digital’s research division is even more pessimistic, lowering the figure to 10%. How has the market’s pricing logic reversed from “almost certain” to

Goldman Sachs Chief Economist Jan Hatzius assessed in a recent client research report that a Fed rate hike in September is “extremely unlikely,” citing the simultaneous shift in three data trends: weak retail sales, weakening employment data, and cooling inflation. CME FedWatch data showed that, as of August 18, traders were pricing in only a 30.6% chance of the Fed raising rates by 25 bps (one quarter-point) in September. Key Arguments in Goldman Sachs’ Jan Hatzius Report According to Bloomberg

Bitcoin (BTC) has seen a slight rebound, temporarily trading at around $64,310 on August 18. According to an official press release issued by the U.S. Department of the Treasury, the Treasury has issued a Notice of Proposed Rulemaking under the GENIUS Act, seeking public comment on regulations governing the issuance, provision, and sale of payment stablecoins in the United States. The Office of the Comptroller of the Currency conditionally approved Trump family-backed World Liberty Financial’s a

Bitcoin rebounded to around $64,360 on August 18, driven by macroeconomic conditions, including a rise to 69% in the market-implied probability that the Fed will leave interest rates unchanged in September. Meanwhile, the 2-year U.S. Treasury yield has fallen by approximately 20 bps since July 23. BTSE COO Jeff Mei said ETF outflows last week caused early weakness in Bitcoin and Ethereum, while noting that traders still favor AI stocks. Details of Four U.S. Macro Data Releases A few weeks ago, t

According to Goldman Sachs Chief Economist Jan Hatzius, the probability of a Federal Reserve interest rate hike in September is very low, citing weakening U.S. retail sales, softening employment data, and declining inflation as key factors reducing the likelihood of further tightening. Hatzius

According to Goldman Sachs, the U.S. Federal Reserve is very unlikely to raise interest rates in September on August 17, citing weak retail sales, soft employment data, and easing inflation. Chief Economist Jan Hatzius noted that inflation is more likely to continue improving than deteriorating as t

On August 17, 2026, the latest report released by CryptoRank Research showed that the total stablecoin market cap in July was approximately $308.3 billion, down about 1% from June and remaining within the $300 billion–$320 billion range for 10 consecutive months. More notably, approximately $13.3 billion flowed out cumulatively from May through July, marking the longest sustained period of net stablecoin outflows since 2022–2023. As the “cash layer” of the crypto ecosystem, the continued contrac

Bitcoin crossed $64,000 during Asian trading hours on Monday, up 0.5% daily but down 3% for the week amid mixed economic signals. The move came as traders repriced Federal Reserve rate hike odds from roughly 50% to one in four following the sharpest monthly US retail sales drop in over a year

Xangle, a crypto data firm, identified two key variables shaping the crypto market this week: whether US inflation slowdown can reduce Federal Reserve tightening concerns and Middle East geopolitical tensions affecting oil prices. July Consumer Price Index rose 3.4%

Bitcoin remained range-bound between $63,000 and $65,000 through May 14 despite continued catalysts including US spot Bitcoin ETF inflows and easing monetary policy expectations. The cryptocurrency reached a weekly high of $65,362 on May 10 before retracing gains, failing to break out of its

China's central bank injected a net 348 billion yuan, approximately $51.7 billion, into its banking system on Friday through overnight reverse repos, marking the first mid-month use of this tool by the People's Bank of China (PBOC), according to Bloomberg. Bitcoin fell 1.7% following the

Bitcoin retreated to $62,773 on August 14, 2026, declining approximately 1.24% over the past twenty-four hours as the cryptocurrency failed to sustain a push toward $64,000. According to market analysis from QCP Capital, the move reflects cumulative cross-asset pressures including elevated

Bitcoin remained range-bound around $63,000 despite US July consumer price index (CPI) data confirming a slowdown in inflation. According to the US Bureau of Labor Statistics, July CPI rose 3.4% year-over-year, down from 3.5% in June, while core CPI excluding food and energy increased 2.5% year-over

According to the U.S. Bureau of Labor Statistics, Bitcoin held around $63,000 on August 14 despite July CPI cooling to 3.4% year-over-year, in line with market expectations. The slower inflation reading reduced odds of a Federal Reserve rate hike at September's FOMC meeting from 46.1% to 41.9%.

Bitcoin (BTC) remains weak, trading at around $63,520 as of Aug. 14. USDT stablecoin issuer Tether completed its first comprehensive independent financial audit, with KPMG issuing an unqualified opinion. Trump family crypto project WLFI has postponed its Maldives resort token issuance plan. Macro Events & Crypto Highlights According to The Block, stablecoin issuer Tether said Thursday that it had completed its first full independent audit of its financial statements, with KPMG US issuing an “unq

According to its SEC filing on Aug. 11, Fidelity filed a pre-effective amendment to enable its Ethereum Fund (FETH) to stake up to 100% of its ETH holdings and distribute quarterly cash payouts. The fund would retain 85% of staking rewards after deducting a 15% fee shared among Fidelity,