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【AiCoin丨5.14 Snapshot: BTC Plunges Sharply, Institutions Accumulate, Inflation Heats Up】
1. The U.S. April PPI annual rate hit 6%, higher than expected, and Fed official Collins said additional rate hikes may be needed to ease inflation.
2. Wells Fargo bought $41.6 million worth of BTC via MicroStrategy.
3. Nvidia’s share price hit a new high, bringing its total market value to $5.5 trillion.
4. BTC fell below the $79,000 mark, down 0.15% over 5 minutes.
5. Strategy raised more than $800 million this week, and is expected to buy over 10,000 BTC.
6. Coinbase staked 4.5 million ETH in Q1, accounting for 12.17% of the total.
7. The Iran war has caused a daily reduction of 3.9 million barrels in global oil supply.
These are the highlights from the past 24 hours. For faster news, please download AiCoin (aicoin.com).