May 8 Hotspots:

1️⃣

Bitcoin breaks through the $97,000 mark, institutional investment continues to increase

BlackRock purchases 5,613 BTC, Metaplanet holdings reach 5,555 coins

2️⃣

Ethereum's Pectra upgrade successfully launched, improving user experience and Layer 2 scalability

However, there are differing opinions in the market regarding ETH's future trend

3️⃣

The Federal Reserve FOMC meeting is held today, with the market focused on the future direction of interest rate policy

There is a 98% probability it will remain unchanged, but investors are looking for hints about future directions

4️⃣

New Hampshire becomes the first U.S. state to pass the "Strategic Bitcoin Reserve" bill, allowing state finances to invest in cryptocurrency

5️⃣

U.S.-China trade negotiations are set to resume, which may impact cryptocurrency market sentiment

Some analysts predict that if an agreement is reached, BTC may surge to $120,000 - $130,000

6️⃣

The crypto community is paying attention to rumors about Layer project manipulation, with multiple agencies claiming involvement in price manipulation

The market speculates it may be related to the Solana ecosystem

7️⃣

The dispute between Binance CEO CZ and former executive Dingaling continues to escalate, involving insider trading allegations

8️⃣

Activity of meme coins on BSC is rising, but specific data is limited

There is overall market anticipation for the upcoming altcoin season