Here’s what happened in crypto today
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Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.
Today in crypto, inflows to digital asset treasury companies fell off a cliff in May, plunging 95% from April, Radiant Capital will wind down after failing to recover from a 2024 hack, and the US Senate’s CLARITY Act debates resume this week as lawmakers return from vacation.
Monthly inflows into digital asset treasury (DAT) companies fell to $180 million in May, the lowest level since October 2024, according to DefiLlama data.
The May total was down 95% from April's $4.4 billion and about 93% below the monthly average for January through May. The drop followed two strong months for DAT inflows, with data showing $4.2 billion in March and $4.4 billion in April.
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