Happy Monday! Here is the list of the main news for this May 19 👇
🔸Bitcoin remains above USD 103,000, after reaching USD 107,000 on Sunday night.
🔹Several companies worldwide have recorded purchases of BTC for their treasuries, reinforcing the argument for the start of institutional FOMO.
🔹The U.S. has recorded a downgrade in its credit rating for the first time; however, Bitcoin showed strength as it approached its ATH.
🔹Due to the volatility in the last 24 hours, over USD 500 million were liquidated in the Bitcoin markets.
🔹They are developing a new layer on Bitcoin that will allow storing information on the chain, without using space within the network.