Cryptocurrency Price Today (May 2): Bitcoin Rises Above $96, | Victor_analysis on Binance Square

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Cryptocurrency Price Today (May 2): Bitcoin Rises Above $96,000, Immutable Becomes Top GainerCryptocurrency price on May 2 quick take: The global market cap rose to $3.02 trillion.
#StablecoinPayments 

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XRP News Today: Bearish Turn Amid Political Heat and Settlement Hopes; BTC at $94k XRP fell 1.27% as investors reacted to anti-crypto remarks and awaited a key SEC meeting on the Ripple appeal. Senator Warren’s renewed criticism of crypto weighed on XRP sentiment ahead of a potential stablecoin bill vote. President Trump reaffirmed his pro-crypto stance, supporting legislative momentum for bills such as the Bitcoin Act. $SOL

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Crypto news today: Stablecoin bill stalls as democrats raise concerns about Trump’s personal crypto interests. Senate Democrats, led by Sen. Gallego, signaled opposition to advancing the current stablecoin (GENIUS Act) bill. Concerns stem from President Trump’s increasing personal financial ties to crypto ventures (memecoin, family-linked stablecoin). The legislative stall threatens not only the stablecoin bill but also progress on broader crypto market structure rules. #MarketPullback

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Nine Senate Democrats pull support for stablecoin bill, putting future in doubt: CNBC Crypto World On Yesterday’s episode of CNBC Crypto World, bitcoin falls to start the week. And, a group of Senate Democrats say they would now oppose the chamber’s GENIUS Act stablecoin regulation bill in its current form, even though some of them previously backed the legislation. Plus, Hadley Stern, chief commercial officer at Marinade, weighs in on the potential timeline for stablecoin legislation in the U.S. following that hiccup. #USStablecoinBill

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Apple softens crypto-related app rules, 'hugely bullish' for crypto industry The court ruling is “absolutely huge for crypto,” says a crypto commentator, as iOS applications will no longer be hit with the hefty charge for off-app purchases. #AppleCryptoUpdate

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Gold-Backed Crypto Minting Volume Hits 3-Year High as Central Bank Buying Drops. The gold market is seeing a shift in activity, with central bank buying slowing and demand from exchange-traded funds and gold-backed cryptocurrencies growing. The latter recently moved to a three-year high, as measured by the net minting volume for tokens backed by the precious metal. Over $80 million worth of these tokens were minted over the past month, according to data from rwa.xyz. That boost helped push the sector’s market cap up 6% to $1.43 billion. Meanwhile, monthly transfer volume rose 77% to $1.27 billion, marking a sharp resurgence of interest in digital representations of the precious metal. $BTC

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