What happened on the crypto market last night?


• Bitcoin fell below $80,000, triggering the liquidation of $270 million in long positions.
• JPMorgan estimates that Bitcoin now surpasses gold as a safe-haven asset, with positive ETF inflows for the third consecutive month.
• Coinbase recorded nearly $400 million in losses in Q1, with its revenue dropping 31% to $1.41 billion.
• Tom Lee claims that "BitMine" could hold 5% of the total Ethereum supply within 5 weeks.
• The IMF warns that new AI models are increasing cyberattacks in the global financial system.
• The U.S. Federal Trade Court invalidated the 10% global tax imposed by Donald Trump.
• CEOs of Nvidia, Apple, and Exxon will accompany Donald Trump on his trip to China.
BTC-1.95%
ETH-2.32%
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