#BinanceEarnings . Bitcoin Under Pressure After April Gains:
After a strong rally in April, Bitcoin is currently experiencing significant volatility and has dropped to around $60,000, as investors await U.S. inflation data.
2. Ethereum Stabilizes Near $3,000:
Ethereum is showing relative consolidation, stabilizing in the range of $2,900 – $3,100, with a resurgence in decentralized application (dApp) activity and DeFi projects.
3. SEC Delays Decision on Ethereum ETF Funds:
The U.S. Securities and Exchange Commission has postponed its decisions regarding the approval of spot Ethereum exchange-traded funds, which has temporarily affected market confidence.
4. Stablecoins Continue to Grow:
The use of stablecoins like USDT and USDC in international transfers and trading is increasing, expanding their role as a bridge between traditional financial systems and digital currencies.
5. Web3 Projects and AI Expansion:
Major companies like Solana and Polygon are collaborating with AI projects to build more advanced decentralized applications, enhancing the integration between the two fields.