🚀 Crypto Market Update: May 7, 2025 🚀

Bitcoin ($BTC

) is trading at $97,996, down 0.29% in the last 24 hours. Hovering near its all-time high, BTC shows resilience with support between $94,300 and $100,250. Talks of Bitcoin as a government reserve asset are keeping the bulls hopeful!Ethereum (ETH) sits at $3,615, dipping 2.16% today. The Pectra upgrade launches today, boosting scalability and fueling DeFi growth. Analysts see ETH eyeing $4,000 soon—watch this space!Standout performers:

$XRP

: Skyrocketing 21.89% to $2.35, thanks to WisdomTree’s XRP ETF filing and Ripple’s SEC progress.Solana ($SOL

:

At $226.87, down 4.32%, but its fast network keeps it in the game.

BNB: Holding at $637.42, down 2.70%, powered by Binance’s ecosystem strength.Market vibe: Cautiously optimistic. The Fear and Greed Index is at 83 (extreme greed), but profit-taking and Fed rate talks could stir things up. Keep an eye on December’s Federal Reserve moves and U.S.

regulatory updates—they could be game-changers.Stay sharp, traders! More updates coming your way. 📈