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May 18: Bitcoin Slides to Two-Week Low
Published 1 month, 1 week ago
Description
- Bitcoin hit a two-week low near $76,800 on Trump’s Iran comments and heavy long liquidations totaling over $560M.
- Goldman Sachs dumped its XRP and Solana ETF positions but kept heavy Bitcoin ETF exposure.
- Senate Banking Committee advanced the CLARITY Act in a bipartisan vote last week.
- April was crypto’s worst month for hacks/exploits so far in 2026 with over $635M stolen.
- Binance launching new USDS-backed perpetual contracts today.
- Institutional flows via ETFs are now a major driver of daily price action.
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