š Market Highlights
Bitcoin (BTC) is trading around $96,773, nearing the $100K milestone. Analysts predict it could reach $120Kā$200K by year-end, with long-term forecasts suggesting $500K by 2030 and $1 million by 2033 .
Ethereum (ETH) is priced at approximately $1,847, showing resilience amid market fluctuations.
XRP stands at $2.24, maintaining stability despite past legal challenges.
Cardano (ADA) is trading at $0.705, reflecting steady performance in the altcoin sector.
The global crypto market capitalization has reclaimed the $3 trillion mark, signaling renewed investor confidence .
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š¦ Institutional Developments
Morgan Stanley is planning to introduce cryptocurrency trading on its E*Trade platform by 2026, aiming to compete with platforms like Robinhood and Coinbase .
CME Group announced plans to launch cash-settled XRP futures on May 19, expanding its crypto derivatives offerings beyond Bitcoin and Ethereum .
SoFi Technologies is reintroducing crypto investing services, citing favorable regulatory changes under the current U.S. administration
