Here’s the latest cryptocurrency market update for Wednesday, June 4, 2025, along with key price movements and notable developments:
---
📊 Market Overview
The global cryptocurrency market is experiencing mixed trends today, with major assets showing varied performance:
: Trading at $104,987, down 1.5% over the past 24 hours.
ETH): At $2,628.70, experiencing a slight decline of 0.55%.
BNB (BNB): Priced at $668.48, showing a modest increase of 0.31%.
XRP): Trading at $2.24, with a 10% surge over the past five days, reaching a high of $2.28 today.
Cardano (ADA): Currently at $0.6856, down 1.26%.
---
📰 Key Developments
Bitcoin Volatility Near 2-Year Low: Bitcoin's price volatility has decreased significantly, nearing a two-year low, which may impact trading strategies.
Moscow Exchange Launches Bitcoin Futures: Russia's largest exchange group, the Moscow Exchange, has announced the launch of Bitcoin futures contracts for qualified investors.
XRP's Price Surge: XRP's recent price increase is attributed to ETF speculation, regulatory clarity, and global adoption, with experts predicting a potential rise to $100 per token by 2026.
Ethereum's Potential Rise: Ethereum has attracted over $109 million in ETF inflows, with analysts speculating a potential rise to $3,000 this week amid institutional interest.
Binance Delists Five Altcoins: Binance has announced the delisting of five FDUSD trading pairs on June 6, 2025, impacting several altcoins.
