Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Event Contracts
New
Predict price moves and seize opportunities
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
CFD
Stock CFD derivatives
US Stocks
Access real US stocks and ETFs
HK Stocks
Trade quality Hong Kong-listed stocks
Korean Stocks
SK Hynix
Real Korean stocks and top assets
JP Stocks
Top Japanese stocks, all in one place
Stock Futures
High leverage, 24/7 trading
Stock Options
New
Popular stock options, flexible leverage
Stocks Activities
Trade popular stocks and unlock generous airdrops
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
#美联储继续按兵不动
That BTC wick this morning really stung. It plunged straight through the 80k mark, hitting a low of 79,710, wiping out the gains it had finally clawed back over the past two days.
On the surface, the Fed “stood pat” last night, but the vote was 10-2, with Cook and Hammack directly opposing the decision and insisting rates should be raised by another 25bp. In other words, no rate hike ≠ a dovish turn; it was a pause amid a split within the hawkish camp.
That signal of deep internal disagreement reignited expectations of further rate hikes, and BTC’s already shaky market took a direct hit, accelerating its decline. Selling pressure on altcoins ramped up in tandem.
The Fed not spelling things out only made the market more nervous—the odds of another hike in December have already surged to around 80%.
In this environment, the crypto market can’t afford to fight back. BTC is holding up relatively well, while high-beta assets like ETH and SOL are looking uglier. Altcoin liquidity is already thin, so they’re the first to get drained whenever anything spooks the market. The bids around 80k on the order book look thick, but when macro sentiment turns sour, they’re just a sheet of paper.
Better not try to catch the bottom. Rates are staying high, divisions within the Fed are widening, and geopolitical tensions haven’t eased. Big players have every reason to drive the price down for another wick and flush out leverage. If you’re heavy on altcoins, trim some on the bounce; just hold onto your BTC. If you’re out of the market, don’t rush—keep your U in your pocket and wait until 80k has been tested repeatedly before deciding.
In short, this is “garbage time.” Staying alive matters more than making a quick buck. $BTC