🔥 Market Recap – May 21, 2025 📈 Bitcoin records its highest daily close in history, closing above key resistance as it climbs back to $107K 🕵️‍♂️ The US DOJ has opened a criminal investigation into a major customer data breach at Coinbase, with estimated damages between $180M–$400M. 📈 Fidelity’s Jurrien Timmer says BTC may be replacing gold again as a hedge asset, now recommending a 4:1 gold-to-BTC portfolio ratio. 📉 Ethereum supply on exchanges drops below 4.9% for the first time in history. Bitcoin’s exchange supply falls to 7.1% — the lowest since November 2018 — indicating strong long-term holder conviction. 💬 Jim Cramer adds Bitcoin to his list of “safe havens,” alongside gold and insurance, citing concerns over excessive US government borrowing. 🛑 The SEC delays decisions on spot Solana ETF proposals from 21Shares, Bitwise, and VanEck — extending the review period. 🏛 The Texas House passes the second reading of a bill to establish a Strategic Bitcoin Reserve — moving the state closer to adopting BTC as a sovereign-grade asset. 🎉 Justin Sun confirms attendance at President Trump’s May 22 private dinner as the Top 1 $TRUMP holder, reportedly holding $14.6M in cold storage (28% of his wallet). 📈 Market Snapshot • $BTC: back to $107K • $ETH: around $2,500 • Altcoins: remain steady • BTCDOM: 64.07% • Total Crypto Market Cap: $3.36T • Fear & Greed Index: 69 – Greed 📊 ETF Flows (May 20) • BTC: +41.7M (Fidelity, Bitwise, Ark and Grayscale bought) • ETH: +$19.8M (Fidelity bought)