#Gate广场五月交易分享 BTC early this week surged past 82,800 on news of Trump’s "Project Freedom" and the Hormuz ceasefire, but that breakout didn’t hold. Today it dropped straight back below 80,000, currently hovering around 79,500. Over the past five days, about 250k wallets have liquidated, and CryptoQuant says the most people have cashed out since December — rising from 60,000 to 80,000, a 37% increase in a month. It’s completely normal for people to want to take profits.



On the macro front, the US and Iran are once again clashing in the Strait of Hormuz, and Brent crude oil temporarily surged 7.5% to $103. Trump says the ceasefire is still in place, but the conflict is real. Global food prices have risen for three consecutive months, and inflation expectations are rising again. The three major US stock indices closed lower today, with the Dow down 0.6% and the S&P down 0.4%.
BTC0.19%
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