🚨 Crypto Market in Turmoil: May 19 Key Updates 1️⃣ Bitcoin Drops to $76,959 as Trump Warns Iran Following President Trump's warning that "the clock is ticking" for Iran, Bitcoin plunged 1.4% to $76,959. The derivatives market saw over $580 million in liquidations within four hours. Brent crude surged to $111.20 per barrel, fueling inflation fears. Rate cut expectations have nearly evaporated, with Fed funds futures showing only a 2% probability of a rate cut in 2026. 2️⃣ Crypto Fund Inflows End Six-Week Streak with $1.07 Billion Outflow Geopolitical tensions linked to Iran triggered a $1.07 billion net outflow from crypto investment products last week, marking the third-largest outflow of 2026. Bitcoin saw $982 million in withdrawals, while Ethereum lost $249 million. However, altcoins bucked the trend: XRP attracted $67.6 million, and Solana pulled in $55.1 million. 3️⃣ SEC Set to Unveil "Tokenized" Stock Exemption This Week Bloomberg reports the SEC will announce a policy exemption for tokenized stocks, allowing third parties to trade tokens on decentralized platforms without issuer authorization. Commissioner Hester Peirce is the driving force, marking one of the most significant crypto regulatory relaxations under the Trump administration. 4️⃣ CLARITY Act Passes Senate Banking Committee 15-9, Heads to Full Senate Vote The U.S. Senate Banking Committee approved the CLARITY Act by a 15-9 vote, aiming to clarify digital asset regulation. The bill now faces a full Senate vote and must resolve conflicts of interest tied to the Trump family's crypto project. Market participants view this as a critical step toward regulatory clarity in the U.S. 5️⃣ Solana Attracts Billions from Wall Street, Transforms into Institutional Finance Hub A new Messari report reveals Wall Street firms and payment giants are funneling billions into the Solana network, primarily for tokenized funds and global payments. Q1 on-chain app revenue hit $342.2 million, while real-world asset v...