**Crypto Market Update – May 2, 2025**
**Top Cryptocurrencies:**
* **Bitcoin (BTC):**
Price: \$97,138
Change: +2.44%
Intraday Range: \$94,762 – \$97,360
* **Ethereum (ETH):**
Price: \$1,847.20
Change: +1.96%
Intraday Range: \$1,805.56 – \$1,867.77
* **BNB (BNB):**
Price: \$602.27
Change: +0.37%
* **XRP (XRP):**
Price: \$2.23
Change: +0.91%
* **Cardano (ADA):**
Price: \$0.7174
Change: +3.74%
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**Market Sentiment:**
The overall sentiment is **neutral to slightly positive**, with the Fear & Greed Index at **55**, suggesting cautious optimism among investors.
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**Top Gainers:**
* **Immutable (IMX):** Gained nearly **20%** in the last 24 hours.
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**Key Developments:**
* **Bitcoin ETF Flows:** VanEck’s Bitcoin ETF saw an inflow of **\$21.9 million**, indicating growing institutional interest.
* **MicroStrategy:** Now holds **553,555 BTC**, worth approximately **\$37.9 billion**, reaffirming its long-term bullish stance.
* **AI in Crypto:** New tools like Claude AI are enabling improved automated trading workflows by integrating with platforms such as Asana, Intercom, and Zapier.
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**Upcoming Events to Watch:**
* **U.S. Economic Data Releases:** Including jobless claims and nonfarm payrolls.
* **Federal Reserve Meeting (May 7):** May influence market direction through rate policy hints.
* **Ethereum's "Pectra" Upgrade:** A significant network improvement expected this month. $BTC $ETH $XRP
