#BinanceAlphaAlert
*Crypto Market Update - May 30, 2025*
The global cryptocurrency market cap has dropped by 3.41% in the last 24 hours, standing at $3.32 trillion, according to CoinMarketCap. Bitcoin (BTC) saw a price range of $104,601 to $108,892 over the past day and is currently trading at $105,264, down 2.94%.
*Market Movers:*
- Top gainers: LPT (up 95%), NMR (up 15%), and DEXE (up 13%)
- Major cryptocurrencies mostly trading lower:
- ETH: $2,614.61 (-3.85%)
- XRP: $2.1877 (-4.55%)
- BNB: $668.7 (-3.03%)
- SOL: $163.46 (-5.34%)
- DOGE: $0.20424 (-9.32%)
*Key News:*
- Binance helps take down child exploitation platform Kidflix
- Bitcoin ETFs see $347M outflow, except BlackRock's IBIT
- Cantor Fitzgerald plans Bitcoin fund with gold hedge
- Rising US government debt concerns and Fed rate cut expectations impact markets
*Economic Updates:*
- Federal Reserve Chair meets with Trump to discuss economic issues
- US PCE data to reveal inflation clues
- Fed's Daly considers two rate cuts this year