Crypto Market Update – May 20, 2025

Bitcoin ($BTC ) has surged past $106,000, backed by strong institutional demand and bullish investor sentiment.

Ethereum ($ETH ) is up 7%, currently trading around $2,559, with analysts expecting a possible jump to $4,000.

Solana ($SOL ) is rallying with a 6.3% gain, fueled by rising DeFi activity and ecosystem growth.

Dogecoin (DOGE) faces downward pressure due to waning interest in high-risk meme assets.

Key Drivers:

Bitcoin ETFs have attracted over $600 million in inflows across five weeks.

Events like Trump’s memecoin gala and Bitcoin 2025 conference are influencing investor behavior.

The mix of AI and blockchain is boosting crypto innovation and adoption.

Overall Sentiment: Bullish

Global market cap rose by 3.18% in the last 24 hours.

#Bitcoin #Ethereum #Solana