Bitcoin Drops Below $80K as Hot US PPI Echoes 2022 Inflation Shock
The producer-price print landed at a 2022-comparable 6%, putting expected Fed rate cuts back on the shelf and dragging BTC through the $80K floor that had held since March.
Market-moving crypto headlines from the last 24 hours.
The producer-price print landed at a 2022-comparable 6%, putting expected Fed rate cuts back on the shelf and dragging BTC through the $80K floor that had held since March.
US Producer Price Index inflation jumped to 6% in the latest reading, coming in hotter than economists had forecast and…
The 1.588M $HYPE accumulation is the headline, but staking 1.3M of it locks roughly 82% of the buy off the float — a quiet bid that doubles as a validator commitment.
Headline PPI jumped 1.4% MoM — nearly triple the consensus 0.5% — the second inflation surprise in two days that puts the Fed's rate-cut path squarely back in doubt.
SOL joins BTC and ETH as a third major collateral tier on Coinbase's Morpho-based lending product, with a 70% LTV cap — and a $2.3B cumulative origination base means real borrow demand behind it.
The ratio has topped its 200-day moving average for the first meaningful time since September 2020 — the same setup that historically preceded bitcoin's 2021 vertical phase by weeks to months.
BlackRock deposited 861 BTC ($69.59M) and 44,691 ETH ($103.15M) to Coinbase Prime, a combined transfer of roughly…
Two structural unlocks arrive inside a 72-hour window: the 309-page market-structure bill clears Senate Banking, and a Bitcoin-friendly Fed takes the helm of FOMC rate decisions.
Spot BTC is stuck just under the 200-day moving average around $82,000 while derivatives tell a more bullish story: BNB, DOGE and ZEC open interest is climbing, funding stays cool, and the DeFi…
The 200-day SMA at $82,455 and the 200-day EMA at $82,027 now form the same resistance band — a clean reclaim flips the long-term trend back to bullish, a rejection hands control back to the bears.
Nearly the entire $109M loss traces to a single line — $92.3M of unrealized digital-asset write-downs — exposing the volatility of equity-style exposure to a $SOL treasury strategy.
A $12T-asset brokerage is now offering direct bitcoin and ether trading to Main Street — the first phase of a 35M-client rollout that could pull an entirely new buyer base into spot crypto.
Three near-simultaneous raises at Arc, Canton, and Tempo mark a structural shift in institutional capital formation — and the Clarity Act is now the next catalyst.
Seven straight weeks of ETF inflows totaling $3.43B have rebuilt the bid from February's $63K low — but the May 14 Senate Banking markup is the swing variable the market is not pricing with…
The drops expose the legal thin ice under synthetic private-company exposure — tokenized PreStocks have no claim on actual equity, so the price is whatever market participants believe the wrappers…
Kevin Worsh cleared the Senate for a Fed governor seat en route to the chair, and the Senate Banking Committee published its Clarity Act draft with a markup two days out — a regulatory tailwind…
The May 12 JLTXX filing pairs an Ethereum-based tokenized government money fund with Anchorage's Solana reserve initiative, sketching a multi-chain institutional cash architecture rather than a…
A US-China trade delegation stacked with $BTC-linked heavyweights — BlackRock's Fink and Tesla's Musk among them — is the closest thing yet to a market-moving macro setup for the cycle.
The increase is one filing among many, but the direction is consistent: a top US bank adding ETH exposure while rotating its spot BTC ETFs is a signal TradFi allocators are broadening, not retreating.
Schwab's $11.77T asset base gives the launch immediate retail reach no pure-play crypto venue can match — and it lands days before the SEC weighs in on broader rules for crypto custody.