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- Bitcoin Breaks $93K As Institutions Keep Scooping
Bitcoin Breaks $93K As Institutions Keep Scooping
Plus Trump's dinner with memecoin investors
Hey crypto trailblazer, 👋
When Google gets flipped by Bitcoin and the President starts hosting memecoin dinners, you know we're living in interesting times! This week, institutions are buying BTC like it's going out of style (it's not), Bitcoin joined the mega-cap elite, and the White House is about to host the most expensive dinner party in crypto history.
Let's dive into what's moving markets:
💰 Institutional Giants on a Bitcoin Buying Spree
Major financial institutions including BlackRock, Fidelity, ARK Invest, and Bitwise are aggressively accumulating Bitcoin to back their ETF offerings.
Bitcoin ETFs recorded $381 million in inflows on Monday alone - the largest single-day inflow since January 30 - with zero outflows across all 12 funds.
This institutional confidence stands in stark contrast to Ethereum ETFs, which continue to see outflows, highlighting Bitcoin's growing status as the institutional-grade digital asset of choice.
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🏛️ Trump Invites TRUMP Memecoin Holders
President Trump announced he will host the top 220 holders of his $TRUMP memecoin for a private dinner on May 22 at his golf club in Washington, DC.
The announcement triggered a 60% price surge for the memecoin, which had previously fallen over 50% from its peak.
The top 25 holders will receive additional VIP treatment, including a private reception with the President and a tour of the White House - arguably creating the most exclusive crypto networking event in history.
🔥 Bitcoin Dethrones Google as 5th Largest Asset
Bitcoin has officially reached a market cap of $1.87 trillion, surpassing Google's parent company Alphabet ($1.859 trillion) to become the world's fifth most valuable asset.
BTC now sits behind only gold, Apple, Microsoft, and Nvidia in the global asset rankings - a historic milestone for cryptocurrency.
Bitcoin is showing clear signs of "decoupling" from tech stocks - a phenomenon analysts have long predicted would signal crypto's maturation.
As Bitcoin turns bullish, we’re waiting to see when altcoins will follow suit.
Stay epic,
Epic Crypto News Team
DISCLAIMER: This newsletter is for educational purposes only. Nothing here is financial advice. Do your own research before making any investment decisions. Crypto markets are volatile and risky. Only invest what you can afford to lose.
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