🟡 Binance Market Update | May 17, 2025
Global Market Overview!
According to CoinMarketCap, the global crypto market cap sits at $3.27 trillion, marking a 1.87% daily decline.
Bitcoin (BTC) traded between $102,613 – $104,550 over the past 24 hours, currently priced at $102,875 (-0.81%).
Most major cryptocurrencies are in the red, with exceptions like PORTAL (+17%), REI (+10%), and MASK (+9%) standing out.
🔍 Top Headlines
Moody’s Downgrades U.S. Credit Rating, contributing to crypto volatility.
Grayscale Moves $674M in BTC, signaling strategic fund activity.
U.S. States Boost MSTR Holdings in Q1 2025.
Panama & El Salvador explore renewables for BTC mining.
Ukraine Eyes National Bitcoin Reserve in new legislation.
Fed to Cut 10% of Workforce, streamlining over coming years.
U.S. Inflation and Consumer Confidence data released.
Trump’s Tax Bill stalls in House Subcommittee.
Optimism in U.S. Markets amid trade agreement progress.
Upcoming U.S. Economic Data expected to influence short-term market sentiment.
📉 Major Movers
ETH: $2,475.41 (-5.27%)
XRP: $2.3574 (-2.09%)
BNB: $640.81 (-2.02%)
SOL: $167.42 (-2.36%)
DOGE: $0.21494 (-5.26%)
ADA: $0.7663 (-1.35%)
TRX: $0.2671 (-2.38%)
WBTC: $102,807.20 (-0.82%)
TRUMP: $12.43 (-3.87%)
SUI: $3.7797 (-2.60%)
