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03:34
Inflation Surprises and Middle East Uncertainty Weaken Rate Cut Expectations; Gold Prices Slightly Decline
On May 13, during Wednesday's trading session, gold prices experienced a slight decline due to uncertainty in the Middle East and inflation data from the U.S. that exceeded expectations, which weakened expectations for a Federal Reserve rate cut. Kyle Rodda, a senior financial market analyst at Capital.com, stated, "The U.S. inflation data has significantly reduced expectations for a rate cut by the Federal Reserve, even completely extinguishing such expectations. The market now seems to anticipate that the Fed may take action to raise interest rates before the end of the year. Therefore, this has put some downward pressure on gold prices." (Jin Shi)
03:24
The number of wallets holding more than 10,000 XRP on XRP Ledger reaches 332,200
The number of wallets on XRP Ledger holding at least 10 thousand XRP has reached 332,200, hitting a new all-time high.
03:23
Starknet: The strkBTC token is now live on Starknet
```htmlJinse Finance reported that on May 13, Starknet posted on X stating that Bitcoin is the most sovereign currency ever created, but it is also the least private currency people have used. strkBTC is solving this problem and has launched on Starknet today.```
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