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📢 Gate Square Daily | June 11
1️⃣ Market Update: BTC is trading at $61,472, down 0.2% over 24 hours; the US Consumer Price Index for May rises to 4.2% year-over-year — the highest level since April 2023 — which is contributing to an approximately $20 increase in spot gold.
2️⃣ Institutional Moves: BlackRock is re-filing an S-1 amendment for its Bitcoin-based high-yield ETF, which is expected to launch soon.
3️⃣ Cryptocurrency Regulation: CFTC is launching a public consultation to develop a structured assessment framework for forecast market contracts.
4️⃣ Macro Update: The May Consumer Price Index exceeds expectations at 4.2%, strengthening rate hike prospects and narrowing the window for rate cuts.
5️⃣ Square News: The content campaign "#My Gate Trade Story" by Gate Square has already launched and will run until June 23.