📈 Binance Market Update – May 1, 2025
The global crypto market cap has reached $3.01 trillion, marking a 1.08% increase over the last 24 hours.
🔹 Bitcoin (BTC): Trading at $97,144, BTC has experienced a 3.38% rise today.
🔹 Ethereum (ETH): Currently at $1,862, ETH has gained 5.30% in the past 24 hours.
🔹 Binance Coin (BNB): At $602.65, BNB shows a 0.98% increase today.
📊 Market Trends:
Bitcoin briefly surged to seven-week highs above $95,000 before slipping below $94,000, with analysts cautious about an immediate $100K breakout.
BNB has overtaken Solana to become the 5th largest cryptocurrency by market capitalization, following recent upgrades to the BNB Chain.
SUI Token community is anticipating a major token unlock today, with 88.34 million SUI tokens being released.
💡 Community Insights:
@aib-crypto alerts the SUI community about today's significant token unlock.
@lxmcx shares news of Binance Wallet's upcoming airdrop of S tokens and Sonic Chain assets to active Alpha users.
@Square-Creator-13d8d66b5d0a provides an analysis of XRP's unlocking event and its potential impact on the market.
