{"id":127336,"date":"2026-05-19T03:29:04","date_gmt":"2026-05-18T23:29:04","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=127336"},"modified":"2026-05-19T03:31:56","modified_gmt":"2026-05-18T23:31:56","slug":"crypto-shake-up-bitcoin-slides-to-may-low-while-ai-stocks-ignite-new-momentum","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/crypto-shake-up-bitcoin-slides-to-may-low-while-ai-stocks-ignite-new-momentum\/05\/19\/market-updates\/","title":{"rendered":"Crypto Shake-Up: Bitcoin Slides to May Low While AI Stocks Ignite New Momentum"},"content":{"rendered":"\n<p><br>Bitcoin fell to its lowest point in May, hovering near $77,000 after briefly dipping below $76,700. The drop was fueled by renewed geopolitical strains and rising U.S. Treasury yields, which unsettled global investors. <br><br> <br>&#8211; Over $255M in Bitcoin positions were liquidated in just 24 hours.  <br><br><br>&#8211; Total crypto liquidations reached $852M, with Ethereum accounting for $328M.  <br><br><br>&#8211; Spot Bitcoin ETFs saw $1B in weekly outflows, the steepest decline since January.  <br><br><br>Despite the turbulence, May still shows net inflows of $252M, signaling that long-term confidence in Bitcoin remains intact.<br><br><br><strong>Circle Expands With ARC Token<\/strong><br><br><br>Circle strengthened its position in the blockchain space after the successful presale of its ARC token, raising $222M and giving its new network a $3B valuation.  <br><br><br>&#8211; Circle projects USDC growth at 40% annually over the next few years.  <br><br><br>&#8211; The ARC token is seen as a pivotal step in Circle\u2019s institutional blockchain ambitions.  <br><br><br>&#8211; Shares have surged more than 40% year-to-date, reflecting investor optimism despite short-term volatility.  <br><br>This milestone highlights Circle\u2019s growing influence in the stablecoin and blockchain infrastructure market.<br><br><br><br><strong>HIVE Digital Bets Big on AI<br><\/strong><br><br>HIVE Digital announced plans for a massive AI gigafactory in Toronto, designed to power next-generation supercomputers.  <br><br><br>&#8211; The facility will host 100,000+ GPUs and deliver 320 megawatts of capacity.  <br><br><br>&#8211; Launch is expected in 2027, making it one of Canada\u2019s largest AI infrastructure projects.  <br><br><br>&#8211; HIVE stock soared 29% in a single day, now up 34% in 2026.  <br><br>This bold move underscores the convergence of crypto mining and AI infrastructure, as firms pivot toward high-performance computing.<br><br><br><br><strong>Mixed Performance Across Crypto Stocks<\/strong><\/p>\n\n\n\n<p><br>While Circle and HIVE grabbed headlines, other crypto-related equities faced pressure:  <br><br><br>&#8211; Coinbase slipped 3%.  <br><br>&#8211; Strategy fell 6%.  <br><br>&#8211; TeraWulf and Bit Digital dropped over 5%.  <br><br>&#8211; Hut 8 and Cipher Digital declined about 6%.  <br><br>The uneven performance reflects how crypto equities remain highly sensitive to macroeconomic shifts and regulatory developments.<br><br><br><br><strong>The Big Picture<\/strong><br><br><br>Bitcoin\u2019s May slump highlights the impact of geopolitical risks, rising yields, and heavy liquidations, but institutional adoption and blockchain innovation continue to provide resilience. Circle\u2019s ARC token launch and HIVE\u2019s AI gigafactory announcement show how crypto firms are diversifying into stablecoins and AI infrastructure, signaling the next chapter in digital finance.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin fell to its lowest point in May, hovering near $77,000 after briefly dipping below $76,700. The drop was fueled by renewed geopolitical strains and rising U.S. Treasury yields, which unsettled global investors. &#8211; Over $255M in Bitcoin positions were liquidated in just 24 hours. &#8211; Total crypto liquidations reached $852M, with Ethereum accounting for &hellip;<\/p>\n","protected":false},"author":13,"featured_media":127341,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[40,6827,49,36],"tags":[],"class_list":["post-127336","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-cryptocurrencies","category-daily-economic-reports","category-economic-reports","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/127336","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=127336"}],"version-history":[{"count":3,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/127336\/revisions"}],"predecessor-version":[{"id":127343,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/127336\/revisions\/127343"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/127341"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=127336"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=127336"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=127336"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}