BTC trading at $76,839, down 1.86% daily and 4.54% weekly. Failed to reclaim $80K for fifth consecutive attempt. Spot Bitcoin ETF outflows hit $1.07B last week β ending six-week inflow streak. Worst single-day: $648.64M outflow on May 18. Market cap slipped to $1.54T.
π Bearish short-term; accumulation underneath.
ETH near $2,113 after rejection from $2,350-$2,420 resistance. Critical support $2,080-$2,100. ETH ETF saw $249M outflows β worst since late January. BTC dominance at 60.1% β capital stays in largest asset.
π ETH underperforming; rotate BTC-heavy near-term.
XRP attracted $67.6M, SOL $55.1M in fresh investment. TON surged 94% in May driven by Telegram integration. 11 assets recorded positive inflows despite $1B+ total outflows. Chainlink, Dogecoin, Sui, Ondo also saw inflows.
β‘ Alt differentiation; selective positioning.
Digital Asset Clarity Act passed Senate Banking Committee May 14 with bipartisan 15-9 vote (all Republicans + 2 Democrats: Ruben Gallego, Angela Alsobrooks). Codifies XRP as digital commodity. Splits SEC/CFTC oversight. Heads to full Senate needing 60 votes. White House targeting July 4 signing.
π Bullish if passed; 2026's biggest crypto regulatory catalyst.
White House expected to update on Strategic Bitcoin Reserve status. Strategy purchased 24,869 BTC helping absorb recent selling pressure.
π’ Potential bullish catalyst.
Moody's downgraded US credit rating. U.S. Treasury yields at 2007 highs (30Y). Bond sell-off drove $672M+ crypto liquidations. Dollar strength persisting.
π Headwind for risk assets.
FOMC minutes releasing this week. Kevin Warsh expected to transition as Fed Chair. Goldman pushed cut expectations to Dec 2026βMar 2027.
π Rate cut delay = high-valuation asset pressure.