📈 Market Snapshot

Bitcoin $BTC has surged past $104,000, driven by optimism over potential U.S. interest rate cuts and increased institutional buying. Despite this, altcoins have shown mixed performance, with some experiencing declines. @EconomicTimes+3@EconomicTimes+3Business Standard+3

Ethereum $ETH is trading around $2,504, reflecting a slight decrease. Other major cryptocurrencies like Binance Coin (BNB), XRP, and Cardano (ADA) have also seen modest declines.

📰 Key Developments

Regulatory Progress: The U.S. Senate is poised to pass the GENIUS Act, aiming to establish a regulatory framework for stablecoins. The bill mandates that stablecoins hold reserves in safe, liquid assets and comply with anti-money-laundering and terrorism financing rules. Barron's

Security Concerns: France's crypto community is on high alert following a series of kidnappings targeting crypto executives and their families. These incidents have prompted increased security measures among professionals in the industry. Reuters

Market Milestones: Galaxy Digital debuted on Nasdaq, closing at $24.89 per share. This move, along with Coinbase's addition to the S&P 500, signifies growing mainstream acceptance of crypto firms. Reuters

🔍 Top Cryptocurrencies to Watch

Analysts have highlighted several cryptocurrencies to monitor in May 2025:@EconomicTimes+2@EconomicTimes+2ZebPay+2

High-Risk, High-Reward: HYPE, AAVE, PENDLE@EconomicTimes

Medium-Risk: AVAX, SUI@EconomicTimes

Memecoin Pick: FARTCOIN@EconomicTimes

Established cryptocurrencies like Bitcoin (BTC), Ethereum ETH , and Solana $SOL continue to be viewed as lower-risk investments with decent returns

#CryptoCPIWatch #BinanceAlphaAlert #BinanceAlphaPoints #CryptoRegulation #LaunchpadWars