U.S. dollar weakness and stable CPI data fuel Bitcoin's rapid climb.

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	Forwarded this email? Subscribe here for more Bitcoin rallies to $65k, triggering over $120 million in liquidations in 24 hours U.S. dollar weakness and stable CPI data fuel Bitcoin's rapid climb. May 15   READ IN APP   Happy Wednesday! The global crypto market cap is $2.35 trillion, with a 24-hour volume of $80.73 billion. The price of Bitcoin is $64,847.14, and BTC market dominance is 54.5%. The price of Ethereum is $2,973.28, and ETH market dominance is 15.2%. The best-performing sector is Storage, which gained 9%. The Crypto Fear & Greed Index is currently Greed (64). 📰 Top News Bitcoin rallies to $65,000, triggering over $120 million in liquidations in 24 hours U.S. dollar weakness and stable CPI data fuel Bitcoin's rapid climb. 👀 Key Metrics to Watch Polkadot funds $600k project to introduce smart contracts, boosting blockchain capabilities Pop Network's solution is live on the Paseo testnet and was recently presented at a blockchain event. Oklahoma signs bill into law protecting crypto spending, mining, and self-custody Oklahoma enacts comprehensive crypto legislation safeguarding mining, spending, and self-custody rights effective November 1. State of Wisconsin Investment Board, Titan Global invest in spot Bitcoin ETFs The two firms now rank among the largest IBIT holders. Ad: TRON DAO at Cornell Blockchain Conference TRON DAO enhances its strategic position within the DeFi ecosystem through insightful panel participation and innovative side events at the Cornell Blockchain Conference. 📈 Latest Insights Coinbase records third-largest Bitcoin outflow of 2024, totaling nearly $1 billion US CPI inflation data meets expectations, Bitcoin hits $64,000 in response Ark ARKB’s $133.1 million surge leads Bitcoin ETFs to inflows Hash Ribbon metric signals miner capitulation, possibly marking Bitcoin’s price bottom at roughly $56,500 🗞️ More News DeFi protocols Sonne Finance and ALEX Lab lose over $24 million in separate hacks Degen Chain restarts after two-day outage, still stabilizing infrastructure Babylon partners with pSTAKE to launch Bitcoin liquid staking Stablecoin issuer Circle eyes US move, setting stage for rumored IPO Avara to launch Lens Network on zkSync to expand on success of Lens Protocol 📖 Latest Market Report Mining for the future: Bitcoin industry trends in the aftermath of the halving CryptoSlate's latest market report dives deep into the Hashrate Index Q1 report to determine the current state and future trajectory of Bitcoin mining. Questions? Get in touch with us here. Connect with us Telegram • Twitter • LinkedIn • YouTube • Instagram   Like Comment Restack   © 2024 Zenzio Incorporated 11010 Harbor Hill Dr NW, STE B405, Gig Harbor, WA 98332 Unsubscribe