AiCoin | Snapshot on 5.7: Gold Breaks Through $4,710, Federal Reserve's June Rate Expectations Remain Unchanged, Large BTC Holders Increase Sell Orders



1. U.S. April ADP employment increased by 109k, beating expectations
2. Iran and the U.S. are close to reaching a memorandum to end the war
3. Spot gold rose 3.38% to break through $4,710 per ounce
4. Federal Reserve's Musalem: 2% inflation rate may allow for rate cuts
5. CME: 94.2% probability that the Federal Reserve will keep rates unchanged in June
6. U.S. Treasury plans to increase issuance of short-term benchmark government bonds
7. User Jason60704294 opened a short position of 501.65 BTC, approximately $109k
8. Major market movements in 24 hours: Large BTC holders have more limit sell orders, totaling $2.16B

The above are the hot topics from the past 24 hours. Click to read the full article: https://www.aicoin.com/article/532795
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