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Good morning, markets are relatively quiet, but the headlines are still moving fast.
BTC holds around 76.7K, ETH near 2.1K, while HYPE leads majors after the SEC approved third-party tokenized stocks. ONDO, INJ, and ZEC are among today’s strongest alt performers.
Macro remains shaky with oil pushing higher and US futures staying red for a third straight session.
Citi warned Bitcoin could face bigger long-term quantum risks than Ethereum due to slower governance upgrades. Meanwhile, Prime Trust’s estate is suing Swan Bitcoin over nearly 12,000 BTC withdrawn before the 2023 collapse.
ETF flows stayed negative, but Bitmine continued buying ETH aggressively during the dip.
Meme coins and low caps remain extremely volatile, while NFT markets are mixed with CryptoPunks still holding strength.
#FedMeetsNVIDIAMay20 #GoldmanCryptoPivot #OpenAIvsAnthropic
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