Binance Market Update: Cryptocurrency Market Trends | May 4, 2025

According to data from CoinMarketCap, the global cryptocurrency market capitalization is R$2.97T, a decrease of 0.59% in the last 24 hours.

Bitcoin (BTC) traded between R$95,423 and R$96,509 in the last 24 hours. As of 09:30 (UTC) today, BTC is trading at R$95,487, a drop of 0.87%

Most of the major cryptocurrencies by market capitalization are trading lower. Market highlights include ASR, STPT, and ATM, with rises of 50%, 24%, and 19%, respectively.

Top news of the day:

Trump acknowledges potential temporary economic recession in the US during transition

US tariff revenue soars in April under Trump administration

US senators express concerns about the revised stablecoin regulation act

Important economic events and data scheduled for next week

Fidelity suggests that Bitcoin may outperform gold

Bitcoin could reach R$135K in 100 days, analysts say

The era of Ethereum dominance is waning as Solana and other L1s emerge as competitors

Arthur Hayes skeptical about US strategic Bitcoin reserve

Binance partners with Kyrgyzstan to boost cryptocurrency development

Interview with Mubarak: Winner of the Binance listing vote combines meme culture, Ramadan timing, and Middle Eastern identity

Market movers:

ETH: R$1824.66 (-0.10%)

XRP: R$2.1813 (-0.85%)

BNB: R$593.89 (-0.47%)

SOL: R$144.83 (-1.88%)

DOGE: R$0.17376 (-3.05%)

ADA: R$0.6892 (-1.75%)

TRX: R$0.2479 (-0.28%)

WBTC: R$95408.86 (-0.91%)

TRUMP: R$10.92 (-15.09%)

SUI: R$3.207 (-5.36%)