#MarketPullback
🟠 Crypto Market Pullback – May 5, 2025
The crypto market is cooling off after weeks of bullish momentum, with traders eyeing the Fed’s upcoming decision and Ethereum’s major upgrade.
🔻 Market Snapshot:
💰 Total Market Cap: $3.04T (-2.96%)
🟧 Bitcoin (BTC): $94,189 (-1.25%)
🟦 Ethereum (ETH): $1,809 (-0.98%)
🔥 Liquidations: $222M (mostly longs)
📉 Key Drivers:
🏦 Fed interest rate uncertainty
🧠 Profit-taking after strong rallies
🔧 Ethereum’s Pectra upgrade (May 7) adds volatility
🧊 Cautious institutional flows despite ETF inflows
📈 Noteworthy:
📥 BlackRock’s Bitcoin ETF: +6,954 BTC
📥 Ethereum ETFs: +10,619 ETH
Stay sharp—volatility is likely to continue this week as macro events unfold and the Ethereum upgrade approaches.
