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🌙 Bitcoin Price Rebounds to $105K After Moody's Downgrade

Bitcoin and Ethereum's ETH reversed early losses as risk assets bounced back from a morning slump triggered by Moody’s U.S. debt downgrade.

Author

Mike Gavela
May 19, 2025

In partnership with

Crypto Roundup - May 19

Bitcoin surged past $105,000 as ETF optimism reignites market confidence, fueled by a prominent issuer projecting another 35% upside. Meanwhile, the SEC delayed its decision on multiple Solana ETF filings, citing unresolved legal and policy concerns, highlighting regulatory friction around altcoin-based investment products. In parallel, Coinbase and the U.S. Department of Justice are jointly investigating a security breach that compromised sensitive customer data, raising concerns over crypto platform cybersecurity.

Top Stories

  • Bitcoin tops $105,000 as ETF momentum returns and VanEck forecasts further 35% growth.

  • SEC delays Solana ETF filings citing legal ambiguity and broader policy implications.

  • Coinbase, DOJ probe hack that exposed user data, spotlighting security risks in exchanges.

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TOP STORIES

Bitcoin (BTC) Price Rebounds to $105K After Moody's Downgrade; Crypto ETF Issuer Sees 35% Upside

Bitcoin and Ethereum's ETH reversed early losses as risk assets bounced back from a morning slump triggered by Moody’s U.S. debt downgrade.

www.coindesk.com/markets/2025/05/19/bitcoin-climbs-to-105k-crypto-etf-issuer-sees-35-upside

SEC Delays Decision on Solana ETF Filings - Decrypt

The SEC delayed its deadline to decide on multiple spot Solana ETFs in the U.S., but that isn’t necessarily a bad sign, an analyst said.

decrypt.co/320956/sec-delays-decision-solana-etf-filings-weigh-legal-policy-issues

Coinbase Says It's Working With DOJ to Investigate Hack of Customer Data - Decrypt

Coinbase confirmed Monday that it is working with the U.S. Department of Justice following a recent hack for customer data.

decrypt.co/320948/coinbase-doj-investigate-hack-customer-data

FUNDRAISING

OTHER HEADLINES

Ripple (XRP) News: CFTC-Regulated Futures Begin Trading in U.S.

Spot XRP ETFs are only a matter of time, according to one industry expert.

www.coindesk.com/markets/2025/05/19/xrp-futures-start-trading-on-cme

Justin Sun returns to US, likely for dinner with Trump

Crypto billionaire Justin Sun returned to the US, despite his 2023 fraud charges, as the likely winner of a Donald Trump dinner auction.

protos.com/justin-sun-returns-to-us-likely-for-dinner-with-trump

Circle explores possible sale to Coinbase or Ripple amid IPO plans

Circle engages in sale discussions with Coinbase and Ripple, seeking $5B valuation amid IPO plans and existing ties with Coinbase.

cryptobriefing.com/circle-sale-discussions-coinbase-ripple

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