Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
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
Stocks
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
Stock Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
GUSD
3.8%
Mint GUSD for Treasury RWA yields
Stocks Activities
Trade Popular Stocks and Unlock Generous Airdrops
Earn
Launch
CandyDrop
tag
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
IPO Access
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
TradFi（新）
Rewards

Trump Presses for Rate Cuts as Fed Holds Steady at 3.5-3.75%, Bitcoin Drops to $64,800

GateNews
Monetary PolicyPrice VolatilityForexCommodities

President Trump expressed support for interest rate cuts on June 17, 2026, pressuring Fed Chair Kevin Warsh to lower rates despite inflation running above 4%. The Fed held rates steady at 3.5-3.75% during Warsh's first policy meeting, the day after Trump made his push for monetary easing.

Bitcoin fell to approximately $64,800 following the decision before stabilizing near $65,300. Economists are currently speculating the Fed could cut rates by up to 100 basis points through 2026, potentially bringing the target range to 2.5-2.75%.

View Source
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

Related News

4h ago
Fed Expected to Hold Rates Unchanged on July 29; 66.3% Probability Priced In
5h ago
Trump Demands Lower Rates, Says US Should Have World's Lowest Interest Rates on July 28
13h ago
Fed Chair Warsh Declines Cryptocurrency Bailout as GENIUS Act Rules Deadline Looms on July 27
13h ago
Treasury Yields Surge to 4.48% as Fed Chair Warsh Holds Line in Early July
15h ago
104 Economists Expect Fed Hold, Yet Traders Price 36% Chance of Rate Hike This Wednesday
In-Depth Analysis

Bitcoin Rises Above $65,000 as CryptoQuant Analyst Flags Undervalued Zone

Daniel Carter3h ago

Fed July Rate Decision Set for July 29th: Markets Price 66.3% Unchanged

Lucas Bennett4h ago

Fed Chair Warsh Holds Rates Steady as Treasury Yields Hit 4.48%

Lucas Bennett13h ago
Comment
0/400
No comments