#CryptoMarketSentiment😬📉📈 Here’s the latest snapshot of the crypto market and news:
📊 Market Highlights:
Bitcoin recently hit new all-time highs (~$118,000) but is currently seeing a slight pullback—down about 0.12% intraday .
Ethereum also softened slightly, trading around $2,952, down roughly 0.6% intraday .
Altcoins show mixed movement:
Stellar XLM surged ~6% after PayPal announced plans to launch its stablecoin (PYUSD) on Stellar’s network .
XRP remains steady, with technical analysts eyeing a possible breakout breakout pattern that could drive 200% gains .
PUMP, the token behind the memecoin launch platform Pump.fun, jumped ~21% pre-market following a successful ICO .
📰 Key News Today:
Bitcoin retail interest waning despite fresh ATHs, even as spot BTC ETF inflows surpassed $1 billion on both Thursday and Friday—marking back-to-back record days .
Pump.fun ICO sold through in just 12 minutes, raising $500 million—highlighting renewed enthusiasm for Web3 capital formation .
BlockFi & DOJ reached a settlement to dismiss a $35 million crypto asset transfer dispute tied to BlockFi’s bankruptcy proceedings .
Stellar gets a boost—PayPal looks to issue its stablecoin on Stellar, catapulting XLM to top 20 gainer status .
U.S. tariffs weigh on crypto—Trump’s announcement of new 30% tariffs impacted BTC/ETH slightly, while XRP held firm .
📈 Broader Market Data:
Total crypto market cap is hovering around $3.6–$3.7 trillion, with trading volumes holding steady (~$110–$114 billion over 24 hrs) .
Bitcoin dominance remains strong (~62–64%), while Ethereum makes up ~9–10% of total market capitalization .
Over $1 billion flowed into Bitcoin spot ETFs in one day, driving institutional momentum .
Bullish sentiment persists: BTC at new highs, hefty ETF inflows.
Retail caution: Google search interest remains subdued.
Altcoin stories emerging: XLM on PayPal news, XRP speculative breakout, memecoin momentum with Pump. $BTC