Here is the current analysis of the crypto market as of May 2, 2025, prepared in a convenient copy format:
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🟢 Overall market condition
Total market capitalization:
Bitcoin (BTC) dominance:
Trading volume over 24 hours:
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₿ Bitcoin (BTC)
Price:
Change over the day:
Key levels:
Ξ Ethereum (ETH)
Price:
Change over the day:
Technical analysis:
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📈 Altcoins
FTT: +17.33%
Immutable X (IMX): +13.14%
TURBO: +18%
FUN: +17%
MOVE: -20% (due to news about delisting on Coinbase)
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🏦 Institutional activity
Goldman Sachs: announced an expansion of its involvement in the crypto market
MicroStrategy (now Strategy): increased its BTC holdings to 550,000 coins
Morgan Stanley: considering the possibility of launching spot trading of cryptocurrencies on the E*Trade platform
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⚠️ Risks and seasonality
"Sell in May and go away": historically, May to October is a period of weaker dynamics for the market
Trading volumes: remain below average, which may indicate investor caution
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📌 Conclusion
Bitcoin is confidently approaching the psychological mark of $100,000, supported by positive technical signals and institutional interest. Ethereum shows signs of a breakout, while some altcoins are posting significant gains. However, seasonal factors and low trading volumes require caution.
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