Crypto Market Update – May 5, 2025

The crypto market is showing mixed signals today:

Bitcoin (BTC): $83,697, down 0.74%

Ethereum (ETH): $1,906.42, down 1.02%

Binance Coin (BNB): $629.59, up 3.65%

📈 Top Altcoin Movers:

Solana (SOL): Up 9% following record on-chain voting activity

Ripple (XRP): Recovered to $2.42, up 28%

⚖️ Regulatory Update:

The U.S. SEC has delayed decisions on spot altcoin ETF applications, creating uncertainty in the market.

💡 Investor Insights:

Long-term Bitcoin holders have accumulated over 167K BTC recently.

Ethereum’s MVRV ratio suggests it’s approaching bear market territory.

#Crypto #Bitcoin #Ethereum #BNB #Solana #XRP #CryptoNews #MarketUpdate #Blockchain #Altcoins #CryptoTrading