On May 13, 2026, Coinbase CEO Brian Armstrong posted a brief update from the Senate office building saying the CLARITY Act is headed to a Thursday markup and is in its most bipartisan position so far. He pointed to a stablecoin rewards compromise involving Senators Tillis and Brooks and said earlier concerns around DeFi, tokenized equities, and CFTC authority are now addressed from Coinbase's perspective.

Circle said in a paper published on 13 May that stablecoin-based, continuous blockchain settlement could replace parts of legacy batch-processing payment and settlement systems. The paper argues delayed clearing windows create liquidity lags and added reconciliation costs, and cites figures on excess working capital and daily FX settlement risk. Circle also highlighted its Circle Payments Network (CPN) as compliance-ready infrastructure intended to connect banks, payment providers, and enterprises.

Analyst Mark Chadwick said on May 13 that altcoins are showing one of the cleanest technical setups since 2020 after months of consolidation along a rising support line. He argued similar conditions in 2020–2021 preceded advances of 2,000%–10,000% for many large-cap alts, while other analysts see a possible 100%–300% window if liquidity improves. Separate on-chain commentary also cautioned it is too early to declare an altseason as liquidity remains constrained.

Jane Street reduced its spot Bitcoin ETF holdings in the first quarter of 2025 while increasing positions in Ethereum ETFs and Galaxy Digital. The changes were reported in the firm's Q1 2025 13F filing and reflect holdings as of March 31, 2025, pointing to a shift in how it expressed crypto-linked exposure.

Bitcoin (BTC) fell below the $80,000 level on May 13 after repeatedly failing to break above $82,200 over the prior seven days. It was trading around $79,340 at press time, down nearly 3% over the week, while more than $91.5 million in crypto positions were liquidated in the past 24 hours, including over $77.5 million in longs.

On May 26, 2025, XRP traded around $1.42 after failing to sustain a move near $1.50, with traders focusing on whether support around $1.41–$1.40 holds. Short-term charts showed cooling momentum and selling pressure, while the daily structure was described as broadly bullish as long as price remains above $1.38 on a closing basis.

U.S. Treasury yields moved higher on Wednesday after April wholesale inflation data came in above expectations. The 10-year yield rose to 4.49% at its session high while the producer price index jumped 1.4% month over month and 6% year over year. The move followed a separate report showing April consumer inflation running above forecasts, raising questions about the Fed's policy path.

Veteran trader Peter Brandt argues Bitcoin has "NOT NOT NOT" formed a dependable bottom and says the current bounce is only a technical move inside a bearish corridor. U.S. producer inflation data showed PPI YoY rose to 6% versus a 4.8% forecast and Core PPI YoY reached 5.2%, adding macro pressure to his view. Brandt highlights BTC near $79,660 and flags $79,145 as a key daily-close level tied to ATR.