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🚀 Market Snapshot (May 23, 2025)

Bitcoin ($BTC ): Currently trading at $110,703, experiencing a slight pullback after reaching a new all-time high earlier this week.

Ethereum ($ETH ): Approaching the $2,700 mark, showing resilience amid market fluctuations.

$XRP : Despite a 120% surge in Q1 2025, XRP faces regulatory hurdles as the SEC delays decisions on ETF applications from Bitwise and CoinShares.

Fear & Greed Index: Stands at 78, indicating Extreme Greed, a level not seen since early 2022, suggesting heightened investor enthusiasm.

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🧠 Insider Insights

1. Bitcoin's Strategic Reserve

In a significant move, President Trump signed an executive order in March 2025 establishing a Strategic Bitcoin Reserve, positioning Bitcoin as a national reserve asset. The U.S. government now holds approximately 200,000 BTC, aiming to solidify its stance as a leader in the crypto space.

2. SUI Token Exploit

A major exploit involving the SUI token led to over $11 million in losses. In response, Binance delisted several trading pairs, and the incident resulted in approximately $200 million in liquidations across the market.

3. Bitcoin's Market Cap Milestone

Bitcoin has surpassed Google in market capitalization, becoming the fifth-largest asset globally. This achievement underscores Bitcoin's growing acceptance as a hedge against financial instability.

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📊 Visual Snapshot

Source: Ajay Kashyap on X

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These insights provide a deeper understanding of the current crypto landscape, highlighting both opportunities and risks in the market.

#ETHMarketWatch #bitcoin #ETH🔥🔥🔥🔥🔥🔥 #Xrp🔥🔥