📉 Crypto Market Update – May 17, 2025
The crypto market is experiencing a modest pullback today following the expiry of major options contracts, with traders showing cautious sentiment.
🔍 Market Snapshot:
• Bitcoin (BTC): $102,759 ▼ -1.07%
• Ethereum (ETH): $2,458 ▼ -5.64%
• BNB: $637.55 ▼ -2.56%
• XRP: $2.33 ▼ -4.12%
• Cardano (ADA): $0.7496 ▼ -4.21%
💡 Over $3.2B in options expired earlier today, leading to increased volatility across the market. Despite the dip, institutional interest remains strong — with a $15M ETH accumulation by a major whale standing out.
📈 Meanwhile, the CryptoQuant Bull-Bear Cycle Indicator has turned bullish, suggesting growing momentum for a potential recovery.
Stay alert — short-term price movement is temporary, but strong fundamentals are building in the background.
