📰 CRYPTO DAILY DEGEN DIGEST - Tuesday, May 13, 2025

🔥 TOP HIGHLIGHTS
• Strategy acquires $1.34 billion in Bitcoin, totaling 568,840 BTC in holdings.
• Coinbase becomes the first crypto company to join the S&P 500 index, boosting its visibility.
• Arizona's Governor vetoes two crypto bills while signing a bill aimed at preventing crypto ATM fraud.

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💰 MARKET OVERVIEW
The cryptocurrency market has seen significant fluctuations as Bitcoin hit a peak around $105,800 before correcting to approximately $102,000 due to profit-taking and macroeconomic factors. Despite the recent dips, major firms like Strategy continue to accumulate Bitcoin aggressively, reflecting institutional confidence. The total market cap for stablecoin USDt has surpassed $150 billion, underscoring the growing acceptance of digital currencies. Overall, investor sentiment appears cautiously optimistic amid ongoing regulatory discussions and interest in cryptocurrencies.