The cryptocurrency market is witnessing a significant upswing, with Bitcoin (BTC) surpassing the $97,000 mark, reflecting a 3.01% increase over the past 24 hours. This surge is indicative of renewed investor confidence and heightened market activity.
๐ Market Overview
Global Market Cap: $2.92 trillion, experiencing a slight dip of 0.96% in the last day.
Bitcoin (BTC): Trading between $93,377 and $97,732, currently at $96,919, marking a 2.90% rise.
Ethereum (ETH): Priced at $1,840.02, up by 2.35%.
Other Notables:
XRP: $2.1436 (+2.06%)
BNB: $605.96 (+1.56%)
SOL: $147.7 (+2.40%)
DOGE: $0.17341 (+3.40%)
ADA: $0.6839 (+3.76%)
๐ฐ Top Headlines
1. Bhutan and Binance Pay Collaborate on Crypto Tourism
Bhutan has partnered with Binance Pay to launch the first national crypto tourism payment system, aiming to enhance the travel experience by facilitating seamless cryptocurrency transactions.
2. Bitcoin's Market Dominance Peaks
Bitcoin's market share has reached a four-year high, underscoring its dominance and the growing institutional interest in the leading cryptocurrency.
3. Expiration of Trump's Bitcoin Reserve Order
The executive order signed by former President Trump to establish a U.S. Bitcoin Strategic Reserve has officially expired. This development has led to increased market volatility and a surge in AI-driven trading activities.
4. Institutional Investments Surge
Digital asset investment products have attracted $2 billion in inflows last week, marking the third consecutive week of positive sentiment. This trend indicates a bullish outlook for the crypto market as we progress through Q2 2025.
๐ Investor Sentiment
The Fear and Greed Index has climbed to 67, reflecting a heightened sense of 'greed' among investors. This metric suggests increased optimism and potential for continued market growth.
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