May 27: AI Security, ETF Selling, and Crypto PAC Wins Dominate the Morning
Brief Summary
Bitcoin is trading around $75.5K this morning after sliding toward key $75K support.
Ethereum is below $2,100 and remains weaker than Bitcoin on a relative basis.
Bitcoin has fallen to 13th among global assets, with capital rotating toward AI, semiconductors, gold, and other non-crypto trades.
Traders are moving defensively into stablecoins, with USDT and USDC dominance rising.
SoFi launched SoFiUSD to nearly 15 million members, making it one of the first U.S. national banks to offer a stablecoin directly inside a banking app.
A large holder reportedly sold about $1.29 billion…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.