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Bitcoin was particularly hard hit by the recent downturn, experiencing outflows totaling $643 million.
QCP Capital analysts anticipate increased crypto market volatility this week, with attention focused on Tuesday’s Trump-Harris debate and Wednesday’s U.S. CPI reading.The analysts added that derivatives market positioning indicates a continued bearish preference for puts in bitcoin and ether.
Toncoin’s value has increased by over 7% in the past 24 hours, while other major altcoins, such as Ether and Solana, have traded flat during the same period.Despite Toncoin’s gradual recovery since the arrest of Telegram founder Pavel Durov by French authorities, the altcoin has dropped out of the crypto top ten, with Tron taking its place.
- 20:01Bitget Launches USDT-Margined MYX and LAUNCHCOIN Perpetual ContractsOn May 14, Bitget announced the launch of U-based MYX and LAUNCHCOIN perpetual contracts, both with a leverage range of 1-20x, and contract trading BOT will be opened simultaneously.
- 20:01The three major U.S. stock indexes opened higher, while cryptocurrency stocks slightly declinedBlockBeats News, on May 14, the US stock market opened with the Dow Jones up 0.1%, the S&P 500 index up 0.18%, and the Nasdaq up 0.3%. Cryptocurrency stocks slightly declined, among them: MicroStrategy (MSTR) down 0.43% CEX up 0.57% MARA Holdings (MARA) down 0.76% Riot Platforms (RIOT) down 1.44%
- 20:00Federal Reserve Vice Chair: Current Policy Rate is Well Positioned, Tariffs May Lead to Rising InflationBlockBeats News, on May 14, Federal Reserve Vice Chair Jefferson stated that the current moderately restrictive policy rate is well-positioned to respond to changes in economic development. Tariffs may lead to rising inflation, and it remains uncertain whether their impact is temporary or persistent.