$BTC

Here’s the latest on the cryptocurrency market as of May 3, 2025:

📊 Market Snapshot

Bitcoin (BTC) is trading at $96,349, experiencing a slight dip of -1.26% today. The price fluctuated between a high of $97,763 and a low of $95,936.

Ethereum (ETH) is at $1,832.88, down -1.66%, with a daily range of $1,865.97 to $1,821.99.

BNB is priced at $598.80, decreasing by -0.39%, between $602.00 and $595.62.

XRP stands at $2.21, a -0.90% drop, within a range of $2.23 to $2.19.

Cardano (ADA) shows a positive movement at $0.723, up +1.79%, with values between $0.727 and $0.690.

📰 Key Developments

Bitcoin's Surge: BTC is approaching the $100,000 mark, driven by institutional interest and macroeconomic factors.

ETF Approvals on the Horizon: The SEC is expected to decide on several altcoin ETF proposals by July 2, potentially impacting the market.

Geopolitical Concerns: Tensions in Taiwan are influencing crypto markets, with traders adjusting strategies accordingly.

Regulatory Actions: The Federal Reserve's ongoing quantitative tightening program may delay the anticipated altseason.