Latest / DeepMarket: Crypto Daily
2026-05-18：AI Rotation and Macro Jitters Trigger $1B ETF Exodus as Capital Flees to Base L2 and Stablecoins
A billion dollars walks out of Bitcoin ETFs, Treasury yields punch above 5%, and crypto suddenly stops acting like an inflation hedge. But the strange part is what happens next: the money does not vanish. It slips into stablecoins, floods Base, and quietly rewrites the map of DeFi while Ethereum mainnet bleeds liquidity. In this episode, we unpack why Bitcoin’s chart is less bearish than the headlines, why ETH’s weakness may be structural, and why a 2.13 billion token PYTH unlock could matter more than traders want to admit. The twist: the stablecoin market just hit a record 323.3 billion…
The skinny
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