š„ Crypto Market Update ā May 2025 š„
š Bitcoin hits a new all-time high ā $BTC surpassed the $110,000 mark, driven by growing institutional interest and favorable US regulations.
šļø US states adopt Bitcoin ā New Hampshire became the first state to approve a law allowing up to 5% of public funds to be held in Bitcoin.
š¦ Major banks explore stablecoins ā JPMorgan, Bank of America, Citigroup, and Wells Fargo are discussing creating a joint stablecoin, showing the merging of traditional finance and crypto.
š Crypto market cap reaches $3.46 trillion ā Growth fueled by eased geopolitical tensions and institutional inflows.
āļø GENIUS Act advances in US Senate ā Proposed legislation aims to regulate stablecoins with strict reserve and oversight requirements.
š¬ What do you think about these developments? Do you believe Bitcoin will keep rising? Drop your thoughts below!
š Like, comment, and follow to stay updated with the latest crypto news!
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