Binance Market Update | May 24, 2025

Crypto Market Sees Dip as BTC Slips Below $110K, Select Altcoins Shine

The global cryptocurrency market capitalization has dipped to $3.41 trillion, marking a 3.04% decline over the past 24 hours, according to the latest data from CoinMarketCap.

Bitcoin ($BTC ) is currently trading at $108,351 as of 09:30 AM (UTC), reflecting a -2.52% pullback. In the last 24 hours, BTC traded between $106,800 and $111,382, showing signs of volatility as traders react to macroeconomic uncertainty and shifting investor sentiment.

While the majority of large-cap cryptocurrencies are in the red today, a few altcoins are defying the broader market trend:

$ARDR (Ardor): +12% — Gaining momentum after new developer updates and growing interest in its blockchain-as-a-service platform.

$COOKIE : +9% — Attracting attention from NFT and DeFi communities following a major exchange listing.

ASR (AS Roma Fan Token): +9% — Surging ahead of major football events and fan token engagement campaigns.

Meanwhile, Ethereum (ETH) is hovering just above the $5,600 mark, down 2.1%, and BNB has slipped to $642, a 1.8% daily loss.

Market Sentiment: Despite the dip, long-term investor confidence remains resilient, with stablecoin inflows into exchanges suggesting preparation for potential buy-the-dip activity.

Top Gainers (24h):

ARDR +12%

COOKIE +9%

ASR +9%

Top Trending on Binance:

DOGE, MATIC, and LUNC remain among the most searched assets today.

Stay tuned for more updates and market insights on Binance as the crypto space continues to evolve rapidly.

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