🚀 Crypto Market Update – May 6, 2025

The cryptocurrency market on May 6, 2025, presents a mixed landscape, with major assets experiencing slight fluctuations and notable institutional developments.

📉 Bitcoin (BTC) and Ethereum ($ETH ETH)

Bitcoin ($BTC BTC): Trading around $94,230, BTC has dipped below the $94K mark, reflecting a 1.5% decrease over the past 24 hours. Despite this, analysts anticipate a potential rise toward $105,000 this month, citing continued accumulation by large holders.

Ethereum (ETH): ETH has lost the $1,800 range, experiencing a nearly 2% drop. The decline is attributed to market volatility and profit-taking behaviors.

📉$XRP XRP and Altcoins

XRP: Currently priced at $2.08, XRP has seen a decline due to bearish technical indicators and reduced investor confidence.

Altcoins: Tokens like RAY and VIRTUAL have dropped over 12%, indicating a broader market pullback among alternative cryptocurrencies.

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