Binance Market Update: Crypto Market Trends | May 2, 2025


According to CoinMarketCap data, the global crypto market cap is $3.02T, a 0.35% increase over the last day.

Bitcoin (BTC) traded between $95,299 and $97,424 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $96,711, up by 1.44%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include TURBO, FTT, and FUN, up by 18%, 17%, and 17%, respectively.

Top stories of the day:

• Inflation Slowdown Fuels Fed Rate Cut Expectations Amid Mixed Economic Performance 

• Tether's Q1 2025 Financial Report Reveals Significant US Treasury Exposure

• Arthur Hayes Declares Current Period as Altcoin Season 

• Crypto Market Sentiment Shifts to Greed as Index Rises 

• Bitcoin's MVRV Ratio Returns to Positive, Indicating Market Recovery 

• Metaplanet to Issue Bonds for Bitcoin Acquisition 

• Goldman Sachs to Expand Digital Asset Trading and Explore Tokenization 

• BlackRock Seeks SEC Approval for Blockchain-Based Stock Class 

• Trump to Present 2026 Fiscal Budget Proposal to Congress 

• U.S. Unemployment Claims in Late April Exceed Expectations

Market movers:

ETH: $1824.51 (+0.30%)

XRP: $2.2095 (+0.00%)

BNB: $598.46 (-0.47%)

SOL: $149.7 (-0.70%)

DOGE: $0.18035 (+2.33%)

ADA: $0.7061 (+1.16%)

TRX: $0.2448 (-1.53%)

WBTC: $96632.9 (+1.44%)

TRUMP: $12.51 (-5.08%)

SUI: $3.4667 (-2.23%)