🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
Analysis: Mixed U.S. economic reports may spur the Fed to turn dovish, positive for Bitcoin
According to Mars Finance, recent U.S. economic data has shown mixed results, including a slowdown in GDP growth, a decline in consumer spending, and a weak job market, raising market expectations that the Federal Reserve may shift to a dovish stance at its May policy meeting. Analysts believe that if the Federal Reserve slows down interest rate hikes or considers cutting rates, it will benefit the performance of risk assets such as Bitcoin. Citi's chief economist Andre Hollenhorst stated that the ongoing weakness in the labor market could prompt the Federal Reserve to cut rates faster than the market expects. Currently, the market only anticipates a 50 basis point cut before mid-2026. Bitcoin's price has recently fluctuated between $93,000 and $95,000, with investors following the impact of changes in Federal Reserve policy on its trend. (The Block)