Binance Market Update: Crypto Market Trends | May 5, 2025

According to CoinMarketCap data, the global crypto market cap is $2.94T, a 1.10% decrease over the last day.

Bitcoin (BTC) traded between $93,514 and $95,758 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $94,606, down by 0.92%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include NKN, AIXBT, and PARTI, up by 27%, 20%, and 18%, respectively.

Top stories of the day:

CZ Advises Kyrgyzstan to Add BTC and BNB to National Crypto Reserves 

U.S. Treasury Faces May 5 Deadline to Submit Bitcoin Reserve Assessment Under Trump’s Executive Order 

VanEck Files for First-Ever Binance Coin (BNB) ETF in the U.S.

Goldman Sachs Predicts Gold Price Surge by Year-End 

Nvidia Explores Adding Bitcoin to Balance Sheet 

SEC Faces Deadline for Litecoin ETF Decision 

Ethereum's May Performance Shows Historical Trends 

Trump Urges Federal Reserve to Lower Interest Rates 

Crypto Investment Inflows Hit $2B as Bitcoin, Ethereum Lead Institutional Demand 

Strategy Increases Bitcoin Holdings by 1,895 BTC at $95K Average Price, Now Holds Over $38B in BTC

Market movers:

ETH: $1828.05 (+0.19%)

XRP: $2.1899 (+0.40%)

BNB: $593.56 (-0.06%)

SOL: $146.62 (+1.24%)

DOGE: $0.17459 (+0.47%)

ADA: $0.685 (-0.62%)

TRX: $0.2481 (+0.04%)

WBTC: $94585.91 (-0.89%)

TRUMP: $11.14 (+2.01%)

SUI: $3.4589 (+7.85%)

$BTC

$ETH

$SUI