As of 15:00 GMT, Bitcoin’s price was $39354.59 and Ether’s price was $2454.61. Under the influence of high inflation expectations yesterday, Bitcoin’s price plunged, and the price dropped by $873.48 within one hour. From the evening of the 16th to the early morning of the 17th, Bitcoin’s price showed a decline in resistance. In the morning of the 17th, the Bitcoin price rebounded and returned to the 39,000 level in the afternoon. In the afternoon, Bitcoin’s price showed a state of double increase in bid volume, and the momentum of price increase was sufficient. Bitcoin’s price may hit $40,000 today. clicks to read more:Gate.io’s Daily Market Trends（June 17th）: FED Hints Increasing Interest Rate, Bitcoin Price Falling Gate.io Blog As a new information section of Gate.io, the Gate.io blog function will provide users with all-round investment support. It will offer the most timely information in the industry, as well as informative columns, exclusive research reports, interesting encyclopedia info, and other high-quality content. All of these combined will enable you to grasp the most valuable and high-quality information without leaving home. We invite you to experience and bookmark this blog, in order to get essential investors tips. Website: https://www.gate.io/en/blog/bloglist App will be launched soon, please keep an eye out for it! Blog entry: “About-Gate Blog” at the bottom of Gate.io homepage. Gate.io Blog will be updated at regular intervals. Stay tuned! Gate.io is an established exchange that holds integrity, transparency, and fairness to a very high standard. We charge zero listing fees and only choose quality and promising projects. Our exchange consists only of 100% real trading volume. Thanks to everyone who has joined us in our journey. We always intend to improve and innovate to reward our users for their continuous support. Gate.io Team June 17, 2021 Get 40% of all referees' trading fees in the affiliate program at https://www.gate.io/referral Click to Sign up ：https://www.gate.io/m#/register Download it now at: https://www.gate.io/mobileapp Follow us on social Facebook: https://facebook.com/gateioglobal Twitter: https://twitter.com/gate_io Telegram：https://t.me/gateio Instagram：https://www.instagram.com/gateioglobal Medium：https://medium.com/@gateio