Binance Market Update: Crypto Market Trends | May 6, 2025
According to CoinMarketCap data, the global crypto market cap is $2.92T, a 0.55% decrease over the last day.Bitcoin (BTC) traded between $93,614 and $95,199 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $94,188, down by 0.44%.Most major cryptocurrencies by market cap are trading mixed. Market outperformers include ASR, ALPINE, and TURBO, up by 51%, 49%, and 16%, respectively.Top stories of the day:CFTC to Observe Tokenization Pilot Projects for Real-World InsightsNew U.S. House Draft Clarifies Digital Commodity TransactionsFlorida Halts Progress on Two Bitcoin Reserve ProposalsUS Banks Adjust Economic Forecasts Amid OptimismBNB Chain Launches Model Context Protocol for AI IntegrationRipple's XRP Holdings Increase in First Quarter of 2025Swiss Central Bank Governor Criticizes Cryptocurrency Volatility U.S. Treasury Yields Rise Ahead of Federal Reserve Meeting Fed Chair Powell Expected to Address U.S. Treasury Market Stability U.S. Tech Stocks Hit 18-Month Lows in Key RatiosMarket movers:ETH: $1797.72 (-1.66%)XRP: $2.1003 (-4.09%)BNB: $596.67 (+0.52%)SOL: $144.25 (-1.61%)DOGE: $0.1677 (-3.95%)ADA: $0.6592 (-3.78%)TRX: $0.245 (-1.25%)WBTC: $94150.33 (-0.46%)TRUMP: $10.74 (-3.68%)SUI: $3.2863 (-4.99%)