Bitcoin hit resistance at $82,800, triggering a drop below $80,000, but a $1.105 billion weekly inflow into spot BTC ETFs could slow sellers.
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New York Attorney General Letitia James said the federal crypto market structure bill could restrict state regulators and urged Congress to impose stronger consumer protections on digital asset platforms.
Bitcoin faced ending May lower by around 3%, with the possibility of US PMI data giving BTC price action a boost next week.
DeFi risk manager Chaos Labs said Aave’s planned migration to Aave V4 introduced risks that it wasn’t willing to assume, while Aave said Chaos wanted to take on full control as the sole risk service provider.
