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MARKET WRAP · May 9, 2026 · 21:15 UTC

▲ Trump-Backed American Bitcoin Posts $82M Loss Despite Record BTC Mining Output ▲ Anza…

MARKET WRAP · May 9, 2026, 21:15 UTC

▲ Trump-Backed American Bitcoin Posts $82M Loss Despite Record BTC Mining Output ▲ Anza reports first successful Alpenswitch on Alpenglow cluster, Solana finalization time i ▲ Inflation Drumbeat Persists for Unnerved US…

Closing Prices

BTC:

$80,854

· ETH:

$2,331

· SOL:

$93.33

· GOLD:

$4,724

· SPY:

$737.62

(+0.5%) · QQQ:

$711.23

(+2.2%) · VIX:

$17.19

(+0.6%) · TLT:

$86.08

(+0.0%) · DXY:

$97.84

(-0.4%) · OIL:

$95.42

(+0.6%)

Evening News

▲ Trump-Backed American Bitcoin Posts $82M Loss Despite Record BTC Mining Output ▲ Anza reports first successful Alpenswitch on Alpenglow cluster, Solana finalization time i ▲ Inflation Drumbeat Persists for Unnerved US Consumer ▲ China’s April exports rebound 14.1% as trade surplus widens ahead of Trump visit ▼ TeraWulf doubles AI revenue but posts $427M quarterly loss as mining income declines ▲ Bittensor’s TAO token launches on Solana as Grayscale opens Bittensor Trust for private pl

Scenario Shifts

▲ Late Cycle: Crypto institutional adoption and inflation pressures signal mature cycle dynamics ▼ Goldilocks: Inflation persistence and geopolitical tensions challenge benign conditions ▲ Stagflation: Energy disruption and persistent inflation amid growth concerns ▲ Hegemony: Geopolitical tensions and political instability challenge existing order ▲ Displacement: Tech consolidation and crypto institutional shift show structural changes

Regime Check

Risk-on · Neutral

· EXPANSION · Gauge: 36.5/100

Upcoming — High Impact

Real GDP (AQR) (Preliminary)(Q1) — May 18, 11:50 PM UTC (prev: 1.3%) Real GDP(QoQ)(Preliminary)(Q1) — May 18, 11:50 PM UTC (prev: 0.3%) Real GDP(billion yen)(Preliminary)(Q1) — May 18, 11:50 PM UTC (prev: 591856.70) starting value of nominal GDP annum (billion yen)(Q1) — May 18, 11:50 PM UTC (prev: 671554.90) Total retail sales of consumer goods (YoY)(Apr) — May 18, 02:00 AM UTC (prev: 1.7%) US Federal Funds Benchmark Rate — May 15, 07:00 PM UTC (prev: 3.50% - 3.75%)

Contrarian

• Bitcoin ETF outflows might signal healthy consolidation before next leg up, not institutional abando • Energy supply disruptions could accelerate renewable transition faster than expected, benefiting cle agentcanary.ai | Not financial advice