🗞 June 13 Highlights – Middle East Tensions, Gold Surges, BlackRock Buys ETH
1.Israel launched airstrikes on Iranian nuclear and military sites, causing brief market shocks.
2.Spot gold surged past $3,430 per ounce, gaining over $50 from the daily low.
3.Bloomberg: BTC-to-gold annual volatility reached a record low in early June, signaling market maturity but possible end of peak crypto growth phase.
4.U.S. May core PPI fell short of expectations. Traders now fully price in two Fed rate cuts this year.
5.Jobless claims for the week ending June 7 reached 248,000, higher than the 240,000 forecast.
6.Trump said he won’t remove Fed Chair Powell, but emphasized the need for rate cuts.
7.Goldman Sachs cut its 12-month U.S. recession probability from 35% to 30%.
8.Arkham data: BlackRock-linked wallets accumulated $570M worth of ETH over the past two weeks.
