**📢 Summary of Recent Events in the Crypto Market – 06.05.2025 📢**

**1. Bitcoin Under Pressure, But Institutions Don't Give In 🏦**

Bitcoin (BTC) has seen declines, testing the support level around **$92,700**, after a failed attempt to break the EMA50 resistance at **$95,600**. Nevertheless, institutions are still accumulating BTC – MicroStrategy purchased an additional **1,895 BTC**, raising its reserves to **$84 billion**. The inflow into Bitcoin ETFs amounted to **$4.5 billion** in recent days, indicating strong confidence among major players.

**2. Altcoins Mixed – ETH and SOL Up, XRP in Trouble 📊**

- **Ethereum (ETH)** remains above moving averages, with growth potential to **$2,111**.

- **Solana (SOL)** is bouncing off the **$143** support, and a breakout above **$153** could open the way to **$180**.

- **XRP** is under bearish pressure – a descending triangle formation and a drop in network activity (only **30,000 active addresses** vs. **608,000** in March).

**3. VanEck Files for First ETF on $BNB in the USA 🚀**

VanEck has submitted an application for the **first BNB ETF in the USA**, which could attract new institutional capital to this cryptocurrency. BNB is currently consolidating in the range of **$576–$620**.

**4. High Volatility Ahead of Fed Decision ⚠️**

The crypto market is unstable ahead of the upcoming Fed decision on interest rates. BTC remains above **$94,000**, but RSI indicators suggest overheating.

**5. New Trends: AI and Altcoin ETFs 🤖**

- Interest in **AI tokens** (e.g., Fetch.ai +3.5%) is growing.

- Speculation suggests that summer 2025 may bring **ETFs for XRP, $DOGE, SOL, and LTC**.

**🔔 Summary:**

Bitcoin is under pressure, but institutions are still buying. Altcoins are divergent – ETH and $SOL strong, $XRP weakening. New ETFs (BNB) and AI are on the radar. Watch out for the Fed and options expirations, which may increase volatility!

**#Crypto #Bitcoin #Altcoins #ETF #Binance **

*Sources: [FX Leaders], [Economies.com], [Comparic]