Daily Crypto Market: 3-Minute Brief
📰 Top News Today
🔥 CLARITY Act Passes Senate Committee, Boosting Crypto Regulatory Progress The U.S. Senate Banking Committee advanced the "Clarity Act" with a 15-9 vote, marking a significant step towards establishing a comprehensive federal framework for the crypto industry and leading to increased optimism for Bitcoin.
⚡ USDC Circulation Drops by $1.7 Billion in One Week Circle's official data shows a net decrease of approximately $1.7 billion in USDC circulation in the week ending May 14, with $5.4 billion issued and $7.1 billion redeemed, bringing the total circulating supply to $76.5 billion.
📉 Spot Bitcoin and Ethereum ETFs See Significant Outflows U.S. Spot Bitcoin ETFs experienced a net outflow of approximately $290 million yesterday, marking a return to outflows after just one day of inflows. Simultaneously, U.S. Spot Ethereum ETFs recorded $65.64 million in net outflows, continuing a five-day streak of withdrawals.
📈 Main Asset Performance (24h)
BTC: -1.2% — Currently trading at $78,221.54, Bitcoin saw a slight decline.
ETH: -1.9% — Ethereum also experienced a decrease, with its price at $2,179.47.
SOL: -2.9% — Solana recorded a notable drop, trading at $86.50.
BNB: -2.4% — BNB likewise saw a downturn, with its price at $655.17.
🚀 Today's Top Gainers (2-3 selected)
OSMOUSDC: +21.0% — Significant increase in trading volume and continuous capital inflow.
OSMOUSDT: +20.5% — Significant increase in trading volume and continuous capital inflow.
PHBUSDT: +10.8% — Significant increase in trading volume and continuous capital inflow.
🎁 Platform Activities & Reminders
🔥 DRAM Stay tuned for more details on DRAM.
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