Bitcoin slipped below $80,000 on May 12, then rebounded, as markets digested President Donald Trump’s comments that the U.S.-Iran ceasefire was "on life support" and U.S. CPI coming in at 3.8% versus a 3.7% forecast. Over the past 24 hours, BTC dropped 1.6%, cutting its market cap to $1.61 trillion, while liquidations hit $57 million in longs versus $7.5 million in shorts. Traders are also watching the May 13 PPI release for signs inflation pressure is persisting.

XRPL transaction volume rose 65% over the past twelve months, increasing from 43 million to 71 million and marking a new record. Evernorth, an XRP-focused digital asset treasury, said the pattern looks steady and business-linked rather than bursty speculative activity, and pointed to institutions such as exchanges and stablecoin activity as key contributors.

Google’s Threat Intelligence Group (GTIG) said on May 11, 2026 it documented what it calls the first AI-developed zero-day: a two-factor authentication bypass in a widely used open-source web administration tool. Google said it coordinated with the vendor to patch the issue before a broader exploitation campaign began. GTIG also described a wider rise in AI-assisted activity across state-linked and criminal groups, including risks to AI tooling dependencies used in crypto systems.

Bitmine Immersion Technologies, led by Tom Lee, said it is reducing its weekly Ethereum accumulation pace while still targeting ownership of 5% of the market by December. The company reported holdings of 5,206,790 ETH valued at $11.89 billion, with an average entry price of $2,366 per ETH, representing 4.31% of total supply. It also staked 4,712,917 ETH and estimated annual staking rewards of $352 million as ETH traded at $2,292.56, down 1.78% over the past 24 hours.

eToro said cryptoasset revenue fell to $2.15 billion in Q1 2026 from $3.5 billion in Q1 2025, as trading activity cooled. The brokerage also reported a 32% year-over-year drop in total trades, while its balance-sheet crypto holdings edged down to $60.5 million from $62.6 million at year-end 2025.

On May 12, 2026, Bitcoin Suisse said its affiliate Bitcoin Suisse (International) Ltd. received a Class F license under Bermuda's Digital Asset Business Act and Class B registration under the Investment Business Act 2003. The Bermuda Monetary Authority's pre-operational approvals would allow the Bermuda-based entity to offer regulated digital asset asset management and investment advisory services to professional and institutional clients once customary conditions are met.

Bitcoin’s on-chain activity has accelerated, with the daily transaction count climbing to about 831,000 over the past three days. The pickup in transfers comes as BTC traded around $80,170, while analysts flagged a sell wall near $82,200 and pointed to macro risks such as U.S. CPI at 3.8% and an upcoming Clarity Act markup vote.

The S&P 500 closed above 7,400 on Monday for the first time, returning to record highs even as the U.S.-Iran war continues into its third month and oil prices remain elevated. The index has rebounded about 17% from around 6,300 in a little over a month, supported by limited margin exposure to energy, strong profit concentration in big tech tied to AI, and a U.S. economy that is less oil-dependent than in past crises.