🚀 Crypto Market Update – May 16, 2025
Bitcoin (BTC) holds steady above $103,900, fueled by strong institutional demand.
Ethereum (ETH) trades near $2,580, approaching key resistance at $2,600.
BNB at $649, showing stable performance.
Top News:
Galaxy Digital and eToro debut on Nasdaq, boosting crypto market sentiment.
Coinbase to join the S&P 500 on May 19 — a first for crypto.
U.S. announces a Strategic Bitcoin Reserve, signaling major government adoption.
Total Market Cap: ~$3.45 Trillion
Trend: Bullish momentum continues with growing institutional interest.