Crypto Market Update – May 6, 2025
Bitcoin has bounced back above $64,000, gaining 3.2% in the last 24 hours. Ethereum follows suit, up 2.7% at $3,180. Altcoins like Solana and Avalanche are showing solid momentum, each up over 5%.
Market sentiment is cautiously optimistic as investors digest the latest Fed commentary and renewed institutional interest.
Key Highlights:
BTC: $64,130 (+3.2%)
ETH: $3,180 (+2.7%)
SOL: $158 (+5.1%)
AVAX: $42.90 (+5.6%)
Fear & Greed Index: 62 (Greed)
Trend Watch: On-chain data signals accumulation. Eyes on $65K BTC resistance.
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