May 5: Bitcoin rallies as Fed raises rates, Musk could make Twitter 'worse,' luxury brand accepts DOGE and SHIB

On today's CoinMarketRecap with Connor Sephton, we find out why Bitcoin surged despite the Federal Reserve increasing its benchmark interest rate by half a percentage point. Plus, Elon Musk raises $7 billion in new financing for his Twitter takeover — including an investment from one of the world's biggest crypto exchanges. We'll find out which high-end fashion brand is going to accept Bitcoin, Dogecoin and Shiba Inu as a payment method. Also today, why a crypto company is taking legal action...