$BTC $ETH $BNB
The crypto market on Monday, May 5, 2025, saw a noticeable downturn. Bitcoin dropped by 1.6% to settle around $94,350, while Ethereum fell by about 2.3% to $1,804. Other major coins like BNB, XRP, and ADA also recorded losses. On the upside, Solana rose slightly by 0.1%.
This decline comes as reports show nearly a quarter of tokens launched after 2021 failed by Q1 2025. Meanwhile, investors are eyeing the upcoming Ethereum "Pectra" upgrade on May 7, which will increase the maximum staking limit to 2,048 ETH—possibly boosting demand.
Follow me for daily insights and real-time crypto analysis.
