Financial Markets Update: Ethereum Deposit, Gold Price Fluctuations, Interest Rates Unchanged
A significant Ethereum deposit has been made by Garrett Jin, with the individual transferring 225,600 ETH into a certain exchange, valued at approximately $527 million.
Spot gold prices opened nearly $20 lower on Monday, currently quoted at $4,699.3/ounce.
The probability of the Federal Reserve keeping interest rates unchanged in June is 93.8%, with only a 6.2% chance of a rate cut.
An expert from VanEck has predicted that Bitcoin may return to its all-time high within the next 12 months, potentially driven by increasing demand and adoption.
Global markets have reacted to recent events, including rising oil prices due to tensions with Iran and the decline of South Korea's crypto market, which shrank by more than 50% within a year.




