Overall Market Sentiment

The overall market sentiment appears bullish, with the Market Fear & Greed Index standing at 68 (Greed). [2] The current uptrend is supported by tangible institutional adoption and policy support, suggesting a more sustainable growth trajectory. [2] The CoinDCX team noted that "Big moves could be on the horizon, as some rumors suggest Coinbase could acquire USDC issuer Circle." [1] Additionally, Texas has passed the Texas Strategic Bitcoin Reserve and Investment Act, allowing the state to invest in Bitcoin, which now awaits the governor’s approval. [1]

AUTHORITATIVE SOURCES

Bitcoin at all-time high? What's powering the surge and how much is it trading for. [The Economic Times]↩

Bitcoin Breaks $107K on May 21: Crypto Market Analysis & Key Altcoin Movers. [Rio Times Online]↩

Alpenglow Upgrade Promises to Increase Speeds on Solana by 100X.

Bitcoin surges past $107,500, just 2% shy of all-time high; Ethereum holds strong at $2,550. [The Economic Times]↩

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