May 8 Hot Topics:

1️⃣ Bitcoin breaks through the $97,000 mark, institutional investment continues to increase

BlackRock purchases 5,613 BTC, Metaplanet holds 5,555 BTC

2️⃣ Ethereum Pectra upgrade successfully launched, improving user experience and Layer 2 scalability

However, there are differing opinions in the market about ETH's future trend

3️⃣ The Federal Reserve FOMC meeting is held today, market focuses on future interest rate policy direction

98% probability of maintaining the current rate, but investors are looking for hints about future directions

4️⃣ New Hampshire becomes the first U.S. state to pass the "Strategic Bitcoin Reserve" bill, allowing state treasury to invest in cryptocurrency

5️⃣ U.S.-China trade negotiations are set to resume, which may affect cryptocurrency market sentiment

Some analysts predict that if an agreement is reached, BTC could soar to $120,000-$130,000

6️⃣ The crypto community is paying attention to rumors about Layer projects being implicated in price manipulation by multiple institutions

Market speculation suggests it may be related to the Solana ecosystem

7️⃣ The dispute between Binance CEO CZ and former executive Dingaling continues to escalate, involving insider trading allegations

8️⃣ Activity of meme coins on BSC is increasing, but specific data is limited

The overall market is looking forward to the upcoming altcoin season