📈 Market Highlights

Bitcoin (BTC): Trading at approximately $96,805, marking a 3.2% increase over the past 24 hours. The price peaked at $97,731.8 today, with market sentiment buoyed by institutional investments and anticipation surrounding the Federal Reserve's FOMC meeting.

Ethereum (ETH): Benefiting from the recent 'Pectra' upgrade, which raised the maximum stake to 2,048 ETH, enhancing staking efficiency and wallet functionality.

XRP: Experiencing positive momentum ahead of the CME Group's planned launch of XRP futures on May 19, signaling increased institutional interest.

Altcoins: Notable gains observed in Solana (SOL), Cardano (ADA), and Dogecoin (DOGE), each spiking by approximately 4% over the last 24 hours.

📰 Key Developments

Institutional Investment: Japanese firm Metaplanet acquired 555 BTC worth around $53.5 million, reflecting growing corporate confidence in Bitcoin.

Market Outlook: Analysts predict a potential rally for Bitcoin, with projections suggesting a rise to $109,000, based on current chart patterns and market dynamics.

Regulatory Landscape: The crypto market's momentum is further supported by improved regulatory clarity and increased institutional participation, as highlighted in recent strategic intelligence reports.

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