Crypto News Today (May 27): Bitcoin Loses $76K as Institutions Continue to Sell ETH & BTC

Crypto News Today (May 27): Bitcoin Loses K as Institutions Continue to Sell ETH & BTC

In crypto information right now, the market is struggling throughout this midweek buying and selling session on May 27, 2026, with the Bitcoin value dropping help at $76,000 and presently down 1.2% on the day, buying and selling round $75,800. ETH USD is in an analogous place, having misplaced the $2,100 stage and flirting dangerously with heavy psychological help at $2,000.

Bitcoin’s drop beneath $76,000 continues the droop that started a fortnight in the past, and it’s tied to heavy ETF outflows. The first catalyst is over $1.9Bn in outflows over the past seven buying and selling classes, whereas Ethereum’s bearish value motion of late may be tied to a ten-day streak of adverse ETF flows, with round $485M exiting the varied ETH ETF funds, per CoinGlass information.

Alternatively, Solana and Ripple ETF flows are flashing inexperienced, with modest inflows in current weeks, but this hasn’t stopped SOL or XRP from falling in value, each down round -0.5% on the day and buying and selling at $84 and $1.32, respectively.

In different Bitcoin information, President Trump has doubled down on the USA’s dedication to crypto, saying he is not going to let different international locations substitute the US because the Bitcoin & crypto capital of the world. Taking to his Reality Social platform, Trump stated, “It is a major industry, and we must protect it.”

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Crypto News Today: Worry & Greed Index Again to ‘Excessive Worry’ Territory as US-Iran Saga Continues to Spook Traders

Except for ETFs, one other main purpose for the current droop throughout markets is the continued hostilities within the Center East between the US and Iran.

Starting on Monday (May 25), the US navy carried out “self-defense strikes” in southern Iran, concentrating on missile launch websites and Iranian boats within the Strait of Hormuz.

The strikes have been reportedly launched after Iranian forces have been noticed laying mines within the Strait of Hormuz and a missile website focused US warplanes throughout an already fragile ceasefire within the area.

And right now, Iran’s Revolutionary Guard has threatened retaliation after the US strikes focused missile launch websites and boats close to the Strait of Hormuz, sparking additional panic throughout the markets.

This has resulted within the Worry & Greed Index dropping from 34/100 (Worry) yesterday to 25/100 (Excessive Worry) right now, nearly absolutely retracing the bullish sentiment that was starting to construct over the previous month.

Nevertheless, this sentiment may shift to bullish as soon as extra if a long-lasting peace deal may be reached between the US and Iran, though this current aggression from either side makes that situation tougher to think about proper now, at the least.

(SOURCE: Worry & Greed Index)

ARK’s Cathie Wooden Presents Hopium to the Bitcoin Group With $1.25M BTC Declare

In different crypto information right now, ARK Make investments CEO Cathie Wooden has raised her five-year Bitcoin bull-case value goal to $1.25M, with a base case of $750,000.

Cathie Wooden, founder and CEO of ARK Make investments, is a distinguished advocate for the next Bitcoin value, beforehand aiming for $1M by 2030. In a current interview with Fox Enterprise, she mentioned an rising development of institutional adoption of Bitcoin and cryptocurrencies.

Her up to date projections embrace a base case of $750,000 and an optimistic bull case of $1.25M, that are based mostly on assumptions about future market modifications. For brand spanking new buyers, it’s important to know these assumptions, as institutional forecasts usually mirror broader market sentiment.

Different distinguished buyers, corresponding to Robert Kiyosaki, Arthur Hayes, and Brian Armstrong, additionally help a $1M goal for the upcoming bull cycle, indicating a shared confidence in Bitcoin’s potential.

2 days in the past

Musk’s Secret Crypto Stash? Why SpaceX and MicroStrategy Hold Loading Up on Bitcoin

By alexcostea

SpaceX’s IPO submitting quietly revealed one thing the market had been underestimating for years: Elon Musk’s rocket firm holds 18,712 BTC on its stability sheet, price roughly $1.42 billion at Bitcoin’s present value close to $75,954.

Earlier than the S-1 dropped, on-chain analysts had publicly recognized solely about 8,285 BTCm that means the actual quantity was greater than double what anybody had tracked. Asset supervisor Grayscale Analysis now says SpaceX is on monitor to grow to be the biggest diversified public firm holding Bitcoin the second it debuts on Nasdaq on June 12.

Learn the total story right here.

2 days in the past

XRP News: Liquidity Surges as Ripple Expands however Value Stays Stagnant

By alexcostea

In XRP information right now, Ripple has filed two new US trademark functions spanning treasury operations, prime brokerage, hedge fund administration, and securities lending, on prime of a $500M Wall Road funding spherical that valued the corporate at roughly $40Bn, and but XRP’s value stays locked in a multi-month vary that has annoyed retail holders watching the corporate develop round them.

The headline enlargement story is actual. The worth of non-reaction is equally actual. The precise implication is extra nuanced than both camp desires to confess.

Learn the total story right here.

2 days in the past

Crypto’s $9M Texas Energy Seize: How Fairshake Purchased a State

By alexcostea

Crypto-backed political committees simply spent greater than $9M to reshape Texas politics in a single main cycle, and so they gained practically each race they touched. Essentially the most placing end result: Houston Democrat Rep. Al Inexperienced, a 19-term incumbent and vocal crypto critic, was defeated within the Texas Main Runoffs by fellow Democrat Christian Menefee after Fairshake PAC flooded the district with cash and messaging.

The element that makes this greater than a typical political spending story is the bipartisan structure behind it. Fairshake didn’t simply again Republicans. Its Democratic affiliate, Defend Progress, and its Republican affiliate, Defend American Jobs, operated concurrently throughout a number of Texas districts, making certain that whichever occasion wins in November will nearly definitely be crypto-friendly.

Learn the total article right here.

2 days in the past

Bitcoin News Today: Is Mining Dying as TeraWulf Abandons Miners

By alexcostea

In Bitcoin information right now, TeraWulf simply made essentially the most candid assertion about Bitcoin mining’s future that any publicly traded miner has ever made with an actual property deal. The Maryland-based Bitcoin mining agency introduced Tuesday that it has acquired the Muskie Knowledge Campus, a 285-acre website inside jap Kentucky’s EastPark Industrial Park, and plans to construct greater than 1 gigawatt of AI information middle capability there.

To place that in plain English: one gigawatt can energy roughly 750,000 houses, and TeraWulf is pointing each watt of it at synthetic intelligence, not Bitcoin. WULF inventory jumped +9% on the announcement, hitting $25.92 intraday, its highest value in 12 months.

Learn the total story right here.

The put up Crypto News Today (May 27): Bitcoin Loses $76K as Institutions Continue to Sell ETH & BTC appeared first on 99Bitcoins.

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