Crypto & Global Market News — Simple Breakdown (Last 24 Hours)

▫️Bitwise says it will hold Hyperliquid tokens on its balance sheet and use part of its ETF fees to buy more $HYPE ‌

▫️Kevin Warsh is expected to become the new US Federal Reserve Chair, replacing Jerome Powell.

▫️ Jensen Huang says people who don’t use AI may lose jobs to those who do.

▫️ About 10% of Americans used or invested in crypto in 2025, the highest level since 2022.

▫️ Analysts say Bitcoin may find strong support between $65K–$70K if the market drops again.

🍕 Today marks 16 years since the famous “Bitcoin Pizza Day,” when 10,000 BTC bought two pizzas. That Bitcoin would now be worth over $767 million.

▫️ Polymarket has launched prediction markets linked to private companies.

▫️Strong US inflation data caused a crypto market selloff:
Bitcoin $BTC ‌ fell 5.7%
Ethereum $ETH fell 10.2%
Around $1B left Bitcoin ETFs
Investors now fear possible interest rate hikes.

▫️Citigroup warns a major oil crisis could continue if the Strait of Hormuz remains closed for a long time.

▫️Donald Trump wants AI companies to fully provide their own energy for data centers.

▫️ Trump also signed two new executive orders focused on fintech and financial security.

▫️ Cynthia Lummis says the Clarity Act is moving forward, with more updates expected this summer.

▫️ Trump’s Truth Social has withdrawn its Bitcoin ETF application from the SEC.

#GateSquarePizzaDay
#Bitcoin