Crypto Market Snapshot – May 10, 2025

The cryptocurrency market on May 10, 2025, exhibits a blend of stability and bullish momentum, with major assets showing resilience and altcoins gaining traction.

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📊 Market Highlights

• Bitcoin (BTC): Trading at approximately $103,675, Bitcoin has experienced a slight decrease of 0.2% over the past 24 hours.

• Ethereum (ETH): Currently priced at around $2,367, Ethereum has shown a modest gain of 0.04%.

• Altcoins:

• BNB: Up by approximately 4.6%, trading at $662.98.

• XRP: Experiencing a 1.3% increase, now at $2.38.

• Cardano (ADA): Slightly up by 0.4%, priced at $0.795.

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🔍 Market Trends

• Altcoin Momentum: Ethereum’s recent surge of nearly 13% and the rally in major altcoins like SOL, DOGE, and ADA (each over 6%) suggest the onset of an altcoin season.

• Institutional Interest: BlackRock’s recent purchase of $17.6 million worth of Ethereum underscores growing institutional confidence in the crypto market. 

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