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Crypto Market Update: May 8, 2025

Crypto Market Update: May 8, 2025

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{ "crypto_update": { "date": "May 8, 2025", "market_overview": { "global_market_cap": "$3.1T", "24h_change": "+3.42%", "24h_volume": "$113.36B", "bitcoin_dominance": "64.02%", "ethereum_dominance": "7.66%", "fear_and_greed_index": "53 (Neutral)" }, "top_coins": [ { "name": "Bitcoin (BTC)", "price": "$99,793.83", "24h_change": "+2.90%" }, { "name": "Ethereum (ETH)", "price": "$1,944.64", "24h_change": "+5.84%" }, { "name": "Tether (USDT)", "price": "$1.00", "24h_change": "+0.01%" }, { "name": "XRP (XRP)", "price": "$2.21", "24h_change": "+3.40%" }, { "name": "BNB (BNB)", "price": "$616.63", "24h_change": "+1.90%" }, { "name": "Solana (SOL)", "price": "$154.95", "24h_change": "+4.94%" } ], "notable_news": [ "Ethereum's Pectra upgrade went live on May 7, 2025, bringing features like smart accounts and improved scalability.", "Arizona's Governor signed a bill into law on May 7, establishing a 'Bitcoin and Digital Assets Reserve Fund' to hold unclaimed crypto.", "Robinhood is reportedly developing a blockchain network in Europe to allow retail investors to trade tokenized U.S. securities." ] }