📢 Post FOMC Recap – Macro Matters!



Powell didn’t deliver rate cuts, and that gave the Dollar Index (DXY) fresh strength 📈

DXY may now eye a potential retest of the 100.1--100.6 zone — a key level to watch 👀

Stronger dollar = weaker $BTC 💥

Bitcoin slid under pressure, dragging altcoins down with it as BTC dominance spiked 🔺

Alts got hit from both sides — falling BTC and rising dominance 💔

🧠 Patience is key in tricky macro conditions

#DXY # BTCdominance #Altcoins
Not financial advice — DYOR!
MAY-0.18%
BTC0.46%
NOT0.23%
DYOR-1.98%
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)