Columbavnes
@columbavnes
š° CRYPTO DAILY DEGEN DIGEST - Tuesday, May 13, 2025 š„ 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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Columbavnes
@columbavnes
š° 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.
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