📊 Global Markets & Crypto Recap — May 20, 2026 The past 24 hours delivered major moves across macro, crypto, and U.S. politics. Bitwise announced it will hold $HYPE on its balance sheet and allocate 10% of management fees from its new BHYP ETF to the token — a notable institutional vote of confidence. Kevin Warsh is set to replace Jerome Powell as Fed Chair this Friday, a major shift for monetary policy expectations. Nvidia CEO Jensen Huang delivered a blunt AI warning: “If you don’t use AI, you’ll lose your job to someone who does.” The Fed’s latest data shows 10% of Americans used or invested in crypto in 2025 — the highest adoption level since 2022. CryptoQuant suggests $BTC may be nearing a cycle bottom, with key support estimated between $65.9K and $70.5K. Bitcoin Pizza Day turns 16 🍕 — the famous 10,000 $BTC pizza purchase from 2010 would now be worth roughly $767M. Polymarket launched prediction markets for private companies using Nasdaq Private Market data. Markets took a hit after hotter U.S. inflation data: $BTC fell 5.7%, $ETH dropped 10.2%, and nearly $1B exited Bitcoin ETFs as traders repriced Fed hike risks. Citi warned a true 1970s-style oil shock would likely require the Strait of Hormuz to remain disrupted through 2027. Trump called on AI companies to fully fund their own data center energy needs and signed two executive orders targeting fintech innovation and consumer financial protection. Senator Lummis said the Clarity Act is advancing toward a summer vote after Senate revisions. Meanwhile, Truth Social withdrew its spot Bitcoin ETF filing with the SEC. Big picture? Markets remain trapped between inflation fears, Fed uncertainty, AI acceleration, and crypto volatility. 🔥 #TradeAIStocksOnOKX #StocksGoOnChain #CFTCDefendsPredMarkets