【AiCoin丨5.14 Snapshot: BTC Sharp Drop, Institutional Accumulation, Rising Inflation】

1. The US April PPI annual rate reached 6%, higher than expected. Federal Reserve's Collins says rate hikes may be needed to ease inflation.

Federal Reserve official Collins stated that the Fed may need to raise interest rates to alleviate inflationary pressures. -Original text

2. Wells Fargo purchases $41.6 million worth of BTC through MicroStrategy.

Wells Fargo, a financial institution with assets totaling $2 trillion, bought $20k worth of Bitcoin through MicroStrategy. -Original text

3. Nvidia's stock price hits a new high, with a total market value of $5.5 trillion.

In early US trading, Nvidia's stock rose 2.85% to $227.08 per share, with a total market cap of $5.5 trillion. -Original text

4. BTC drops below the $79,000 mark, with a 5-minute decline of 0.15%.

5. Strategy raised over $800 million this week, expected to purchase over 10k BTC.

Saylor's Strategy raised over $800 million through STRC this week, with an expected purchase of over 10k Bitcoin. -Original text

6. Coinbase staked 55k ETH in Q1, accounting for 12.17% of total supply.

Coinbase staked 4.5 million ETH in the first quarter, representing 12.17% of the total staked ETH supply. -Original text

7. Iran war causes a daily reduction of 55k barrels in global oil supply.

According to the International Energy Agency (IEA) on Wednesday, due to supply disruptions caused by the Iran war, global oil supply is expected to decrease by approximately 3.9 million barrels per day in 2026; oil supply losses in the Middle East have exceeded 1 billion barrels. The IEA stated in its monthly oil market report that the supply decline will surpass the demand reduction, with oil demand expected to decrease by 420k barrels per day this year. The IEA also said that soaring oil prices will suppress demand and hinder economic growth. -Original text

The above are the top news highlights from the past 24 hours. For faster news updates, please download AiCoin ().