$500M in crypto longs wiped out today. BTC slides to $78k. Fear & Greed craters to 31, down 12 points overnight. The market just reminded everyone who's in charge.

Today's key developments:
• $500M in crypto longs liquidated as BTC slides to $78k, SOL and XRP fall 5%.
• The Crypto Market Structure (Clarity Act) cleared the Senate Banking Committee, but analysts say significant hurdles remain before it becomes law.
• Lombard Finance is moving $1B in Bitcoin assets from LayerZero to Chainlink infrastructure.


📰 Read the full Daily Pulse: https://pulse.tokenmetrics.com/p/crypto-longs-just-lost-500m-in-one-move-may-16-2026?utm_source=spreaker&utm_medium=audio&utm_campaign=daily_pulse_podcast

🔔 Subscribe for daily crypto market updates!

⚠️ Disclaimer: This content is for educational purposes only and does not constitute investment advice. Always do your own research.

#crypto #bitcoin #ethereum #dailypulse #tokenmetrics

Sign up for the Daily Pulse at tokenmetrics.com