MARKET UPDATE
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### 📊 Top Cryptocurrencies
- **Bitcoin (BTC)** is currently trading around **$94,740**, with a gain of approximately **0.93%** today. It has seen an intraday high of **$95,533** and a low of **$93,580**.
- **Ethereum (ETH)** is priced near **$1,800**. There is strong development activity as developers are preparing for the **Fusaka hard fork** planned for late 2025, aiming to improve scalability and efficiency.
- **BNB (BNB)** is showing strong performance, trading above **$606**, outperforming many other altcoins.
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### 🔥 Market Highlights
- **Bitcoin Rally:** Bitcoin is up about **10%** over the past week. Analysts suggest that although institutional interest is strong, additional momentum is needed to push BTC beyond the critical **$100,000** milestone.
- **Ethereum Update:** The Fusaka hard fork announcement has generated positive sentiment around Ethereum, focused on future upgrades for better network performance.
- **BNB Strength:** BNB has maintained its strong position in the altcoin market and is among the best-performing major assets this cycle.
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### 📰 Key Developments
- **Bitcoin ETF Outflows:** Fidelity's Bitcoin ETF recorded a net outflow of around **$86.9 million** recently, indicating some cooling of institutional flows.
- **XRP Futures Launch:** CME Group plans to launch cash-settled **XRP futures** on **May 19, 2025**, suggesting growing institutional interest in Ripple's XRP token.
- **Bitcoin Price Prediction:** Standard Chartered Bank predicts Bitcoin could reach an all-time high of **$120,000** by the second quarter of 2025, driven by economic uncertainties and an increase in institutional adoption.#XRPETFs $BTC $XRP $BNB
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