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CryptoQuant stated that Bitcoin's recent trend is similar to the bear market rebound phase in March 2022, with market demand still weak and sentiment indicators having fallen back into the "extremely pessimistic" range.The report pointed out that Bitcoin's recent rebound was blocked near the 200-day moving average at around $82,400, and then it fell back to around $76,000. CryptoQuant believes this trend is similar to that in March 2022: at that time, Bitcoin rebounded 43% from its low but also encountered resistance at the 200-day moving average and re-entered a downward trend.Julio Moreno, head of research at CryptoQuant, stated that during a bear market, the 200-day moving average is usually a key dividing line between "rebound markets" and "trend continuation." If Bitcoin cannot effectively break through this moving average, it may indicate that the bear market structure has not yet been broken.

According to Jinshi reports, Nvidia's stock rose after hours, with its first-quarter revenue and second-quarter revenue outlook both exceeding market average expectations.

According to Jinshi reports, the dollar index, which measures the dollar against six major currencies, fell by 0.24% on the 20th, closing at 99.09 in the foreign exchange market. As of the close of the New York foreign exchange market, 1 euro exchanged for 1.1631 dollars, 1 pound exchanged for 1.3442 dollars, 1 dollar exchanged for 158.84 yen, 1 dollar exchanged for 0.7868 Swiss francs, 1 dollar exchanged for 1.3749 Canadian dollars, and 1 dollar exchanged for 9.3324 Swedish kronor.

According to Jinshi reports, the Federal Reserve's meeting minutes show that staff forecasts for economic activity are slightly stronger than the predictions made at the March meeting, expecting that the real GDP growth rate will be slightly above the potential growth rate in the coming years. The unemployment rate is expected to be close to long-term levels in the next two years, slightly below this level around 2028. Staff inflation forecasts for this year are higher than those made at the March meeting, mainly due to the latest data and higher energy prices. Inflation is expected to approach 2% by the end of next year. Overall, the risks to the inflation forecast are tilted to the upside, and staff believe that the possibility of inflation being more persistent than expected is worth noting.

According to Jinshi reports, the Federal Reserve meeting minutes indicate that market participants expect little change in the target range for the federal funds rate this year. The implied probability of a rate hike in the first quarter of 2027 based on option prices is about 30%. Surveys show that there will be two rate cuts of 25 basis points in the next year, with the timing of the cuts expected to be later than in the last survey, occurring in the third or fourth quarter of 2026 and the first quarter of 2027, respectively.

According to Coinglass data, if ETH falls below $2,028, the cumulative long liquidation intensity on mainstream CEX will reach $930 million. Conversely, if ETH breaks above $2,233, the cumulative short liquidation intensity on mainstream CEX will reach $695 million.

According to Coinglass data, if BTC falls below $73,673, the cumulative long liquidation intensity on mainstream CEX will reach $1.213 billion. Conversely, if BTC breaks above $80,807, the cumulative short liquidation intensity on mainstream CEX will reach $1.048 billion.

According to TechCrunch, Trump Mobile has been reported to have a user data breach involving personal information such as customer email addresses and mailing addresses, which is still accessible online.YouTube creators Coffeezilla and penguinz0 stated that after ordering the Trump Gold T1 phone, they received alerts from security researchers indicating that their personal information had appeared in the leaked data set. Coffeezilla mentioned that the leaked content almost covered all basic identity information, with the exception of credit card numbers, and warned users not to place orders on the platform. The two indicated that the leaked data likely originated from publicly accessible systems, and they have not yet received an official response or fix from Trump Mobile, leaving the issues unresolved.Based on the order numbers in the leaked data, the actual number of reservations is estimated to be around 30,000 units, far below the previously expected pre-sale scale of about 590,000. Analysts believe that this incident further raises doubts about Trump Mobile's product delivery and basic security capabilities.

According to CoinDesk, Real Vision founder Raoul Pal stated that humanity is entering an "exponential age," where AI and cryptocurrencies (including tokenization) are rapidly merging to become a new layer of infrastructure for the global economy.Pal believes that AI will become "top-tier intelligence," while cryptocurrencies will serve as the ownership layer of this future economy, allowing ordinary people to "get ahead of Wall Street" in owning blockchain infrastructure. He predicts that the crypto market size is expected to grow from the current $2.7 trillion to $100 trillion in the next decade.Additionally, Pal mentioned that stablecoins, tokenization, and blockchain finance will provide a more equitable financial system for global users, while meme coins and NFTs serve as important stress tests for technological concepts.

According to The Block, the two U.S. spot ETFs tracking Hyperliquid—21Shares' THYP and Bitwise's BHYP—had a total net inflow of approximately $22,300,000 in their first week, with over $11,000,000 inflow recorded on Tuesday alone. Analysts noted that in the first 6 trading days, the net inflow adjusted for market capitalization of the two Hyperliquid ETFs was stronger than that of Bitcoin ETFs on 3 days and stronger than Ethereum ETFs on 5 days.On-chain data shows that Hyperliquid recently accounted for over 42% of the total blockchain transaction fee revenue, with its token HYPE's earnings almost entirely used for buybacks through the Assistance Fund. Bitcoin Suisse analysis pointed out that the amount of HYPE bought by the ETFs in the first 6 days was about 2.5 times the amount the fund bought and burned. Bitwise previously stated that it would use part of the management fees from BHYP to buy and stake HYPE.

According to Gate market data, the European Stoxx 600 index has increased by 1.9%, reaching a new intraday high.

According to Gate market data, the US dollar index DXY has fallen more than 20 points in the short term, currently at 99.04.

According to Onchain Lens monitoring, K3 Capital withdrew 7,930 ETH from Binance, worth 16.88 million USD.

As the U.S. stock earnings season and the narrative of tech giants in AI continue to advance, according to official news from Bitget, the platform has recently added 10 popular U.S. stock contract targets. So far, Bitget's panoramic exchange (UEX) has supported 263 U.S. stock tokens and 81 U.S. stock contracts, bringing the total number of U.S. stock-related assets available for trading on the platform to over 340.This week marks the beginning of a period with a dense release of earnings reports and macroeconomic data. Through continuous expansion, Bitget aims to provide users with a wide range of cross-market asset allocation channels.This week's three major focus targets:NVDA (NVIDIA): Will release its Q1 earnings report after the market closes on May 20, Eastern Time. The implied volatility in the options market indicates that the daily fluctuation may exceed 7.5%. As the core of AI computing power, its performance will directly impact the overall valuation trend of the tech sector.GOOGL (Google): Recently, at the I/O conference, multiple new products such as Gemini 3.5 and AI agents were intensively launched, and the market is closely watching the subsequent commercialization pace and revenue realization capabilities.WMT (Walmart): Will release its Q1 earnings report before the market opens on May 21. As a retail giant, Walmart's counter-cyclical ability during a consumer downturn is being tested, and the results and guidance from the earnings report will directly influence investors' judgments on annual growth expectations and short-term stock performance.

According to Gate market data, the three major U.S. stock indices rose, with the Nasdaq 100 index increasing by 1%, the S&P 500 index rising by 0.6%, and the Nasdaq index up nearly 1%.

According to Gate market data, the US dollar index DXY has fallen more than 20 points in the short term, currently reported at 99.25.

According to BTCtreasuries, the U.S. Bitcoin-only exchange River disclosed that it holds 437 BTC on its corporate balance sheet, making it the 9th largest private BTC treasury holder. It custodies over 25,000 BTC for its clients, and its proven reserve ratio is above 100%.

According to Onchain Lens monitoring, a newly created wallet withdrew 650 BTC from Binance in just three weeks, worth 50.3 million dollars.

According to Coinglass data, if ETH falls below $2,015, the cumulative long liquidation intensity on mainstream CEX will reach $946 million. Conversely, if ETH breaks above $2,222, the cumulative short liquidation intensity on mainstream CEX will reach $650 million.