Bitmine buys the dip as Tom Lee ties ether's pullback to rising oil prices

Click on the link to enter the meeting: https://meeting.tencent.com/p/9850662513 As of today (May 18, 2026), the cryptocurrency market is mainly suppressed by macro risk aversion and geopolitical tensions, showing a general decline. The market experienced a complete decline, with Bitcoin breaking through the $78000 and $77000 thresholds. ·Stock explosion data: In the past 24 hours, there have been approximately $656 million in stock explosions across the entire network, with multiple orders accounting for over 88% of the total. ·Mainstream coin performance: ETH leads the decline, with a 24-hour drop of 3.36%, temporarily reported at $2108; SOL fell 1.69%; DOGE fell 2.57%. 【 2. Fund Movement: Continuous outflows from institutions 】 ·ETF loss: Since the release of CPI on May 13th, the cumulative net outflow of Bitcoin ETFs has exceeded $1 billion, and market sentiment indicators have plummeted from 87% to 45%. 【 3. Impact on News: Dual pressures of Geopolitics and Macroeconomics 】 ·Geopolitical Conflict: Trump is discussing with Israel the resumption of military action against Iran and plans to hold a security meeting on May 19th. The rising risk aversion is believed to be the main cause of the sharp decline in the stock and cryptocurrency markets. ·Macro expectation: The market is digesting inflationary pressures, and the biggest focus this week is the minutes of the last FOMC meeting in the "post Powell era" to be released by the Federal Reserve on May 21. Risk statement The market sentiment is fragile and highly volatile, please be aware of the risk of 'killing more'. Tonight, we need to pay attention to the trend linkage effect of the US stock market. Join the language community communication group to obtain more services 1. Real time troubleshooting (online one-on-one question answering and sorting) 2. Professional technical analysis and theoretical learning 3. Construction and improvement of trading system- 4. Live streaming courses every day, contract termination, real-time order making, to help you successfully land! Every day, there are teachers in the group who provide precise positioning to answer questions and offer free guidance. Tencent Meeting Live: 985-066-2513 QQ group number: 2166065873 Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.

The spot gold price rose to $4580 per ounce, with a intraday increase of 0.9%.

According to Onchain Lens monitoring, PumpFun deposited 82700 SOLs worth $7 million into Kraken.

Lummis states that digital assets provide personal freedom and savings, while also being faster, cheaper, and safer. （Cointelegraph）

According to Payward, the parent company of Kraken, the adjusted revenue for the first quarter of 2026 was $507 million, a year-on-year increase of 3%; Adjusted EBITDA is $180 million; The total trading volume of the platform is 357 billion US dollars. As of March 31st, the platform's asset size reached 40 billion US dollars, a year-on-year increase of 11%; The number of capital injection accounts increased by 47% year-on-year to 6.1 million. The price of Bitcoin fell by 22%, and the total market value of the cryptocurrency market fell by 23%, but Kraken's spot market share increased from about 3.5% in mid-2025 to 5.2% in March. The daily trading volume of futures increased by 51% year-on-year, driven by NinjaTrader and Breakout businesses. Completed the acquisitions of Backed and Magna in the first quarter, completed the $550 million acquisition of Bitnomial in May, and announced the acquisition of Reach for up to $600 million, expected to be completed in the second half of 2026.