๐ Market Snapshot
Bitcoin (BTC) is trading at $94,674, experiencing a slight dip of 1.47% today.
Ethereum (ETH) stands at $1,814, down by 1.78%.
Solana (SOL) remains resilient at $147, showing a modest gain of 0.4%.
XRP is priced at $2.18, with a minor decrease of 1.36%.
๐ฅ Weekly Top Performers
Sui (SUI): Achieved a remarkable 73% gain this week, fueled by the introduction of the Grayscale SUI Trust and integrations with platforms like xPortal/xMoney.
Cardano (ADA): Surged over 90% on the weekly chart, trading above $0.63, with bullish forecasts predicting a potential rise to $8โ$10 by the end of the current bull cycle.
Avalanche (AVAX): Rebounded strongly, now trading above $50, more than doubling from its $20 lows, driven by new partnerships and technological upgrades.
๐ Market Trends
The "Buy in May and Stay" strategy is gaining traction among traders, suggesting a bullish outlook for the month.
Analysts predict Bitcoin could reach $120,000 in Q2 2025, supported by increasing institutional interest and favorable macroeconomic factors.
๐๏ธ Regulatory Developments
President Trump signed an executive order establishing a Strategic Bitcoin Reserve, positioning the U.S. as a leader in digital asset holdings.
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