🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
Gate has surpassed 30M users worldwide — not just a number, but a journey we've built together.
Remember the thrill of opening your first account, or the Gate merch that’s been part of your daily life?
📸 Join the #MyGateMoment# campaign!
Share your story on Gate Square, and embrace the next 30 million together!
✅ How to Participate:
1️⃣ Post a photo or video with Gate elements
2️⃣ Add #MyGateMoment# and share your story, wishes, or thoughts
3️⃣ Share your post on Twitter (X) — top 10 views will get extra rewards!
👉
#NFP Data Release#
The upcoming U.S. Non-Farm Payrolls (NFP) report on May 2, 2025, is poised to be a significant event for financial markets, including cryptocurrencies. Historically, NFP data has influenced crypto prices by affecting investor sentiment and expectations regarding monetary policy.
Potential Scenarios and Crypto Market Implications
1. Stronger-than-Expected NFP Report:
• Implications: A robust jobs report could indicate a healthy economy, potentially leading the Federal Reserve to maintain or even increase interest rates to curb inflation.
• Crypto Market Reaction: Higher interest rates can strengthen the U.S. dollar and make risk assets like cryptocurrencies less attractive, possibly leading to a price decline in assets such as Bitcoin and Ethereum .
2. Weaker-than-Expected NFP Report:
• Implications: A disappointing jobs report may suggest economic slowdown, increasing the likelihood of the Fed considering rate cuts to stimulate growth.
• Crypto Market Reaction: Lower interest rates can weaken the dollar and boost appetite for risk assets, potentially driving up crypto prices .
Current Market Dynamics
• Bitcoin (BTC) is trading around $95,066, showing modest gains in anticipation of the NFP report.
• Ethereum (ETH) is priced at approximately $1,807, also reflecting cautious optimism.