📉 Market Snapshot – May 14 $BTC: $79,319 (-1.5%) $ETH: $2,252 (-2.3%) $SOL: $91 (-3.9%) A sea of red as macro headwinds intensify. 🇺🇸 Geopolitical Stage: US and China meet to discuss economic cooperation and the Iran conflict. Markets are watching closely for any de-escalation signals. 🏛️ Fed & Macro: Kevin Warsh officially confirmed as Fed Chair. Meanwhile, PPI came in hot at 6%, sharply above the 4.9% forecast. This fuels rate uncertainty and pressures risk assets. 📉 ETF Outflows: Bitcoin ETFs saw a staggering $630M in net outflows — the largest single-day withdrawal since January. Institutional sentiment is clearly cautious. 💡 IPO Landscape: Cerebras goes public today at $185/share, now trading pre-market at $290 on Hyperliquid. In contrast, Ledger and Consensys (Metamask parent) both delay their IPOs, citing “market conditions.” 🏢 Corporate Giants: GOOGL hits a new ATH, closing above $400. Nvidia becomes the first company to reach a $5.5T market cap. Tech strength contrasts with crypto weakness. 🤖 AI & Crypto: Anthropic raises Claude’s weekly limits and launches monthly credits for coding. Notably, Claude helped users recover over $400K in Bitcoin lost more than a decade ago. 🔄 Institutional Shifts: Jane Street’s Q1 report shows a pivot from $BTC to $ETH. Fidelity publicly endorses the CLARITY Act. Strategy’s STRC fund accumulates buying power for over 2,000 $BTC as it trades above $1 par. 🔍 Regulatory Signals: Robinhood files with the SEC for a second venture fund. The WSJ flags Zcash’s privacy features as a “red flag.” TokenWorks launches “Ten Thousand Tokens” today at 12 PM EST. 📊 Bottom line: Macro uncertainty and ETF outflows dominate, but AI-driven recoveries and institutional positioning hint at strategic undercurrents. Stay sharp.