Daily Market Wrap | May. 08

Hot Topics

Bitcoin slips below $80K despite >$1B weekly spot ETF inflows amid profit-taking.

U.S. Treasury presses Binance monitorship after $1B Iran-linked flow reports.

Market Updates

Coinbase posts $394M Q1 loss as weaker crypto volumes pressure trading revenue.

Solv Protocol migrates $700M+ tokenized BTC from LayerZero to Chainlink CCIP.