As of May 11, 2025, the global cryptocurrency market cap has risen to $3.34 trillion, marking a 1.3% increase over the last day . Bitcoin (BTC) is trading at $104,470, just 4% below its all-time high, bolstered by positive US-China trade discussions and over $1 billion in inflows into US-listed Bitcoin ETFs .  

Ethereum (ETH) has reached $2,523.21, reflecting a 5.7% daily gain . XRP has surged to $2.47, a seven-week high, amid speculation about a potential BlackRock XRP ETF and hopes for a settlement with the SEC . 

In regulatory news, German authorities have shut down a major crypto exchange, seizing €34 million in assets . Meanwhile, Binance has updated collateral ratios for several assets in its portfolio margin program .  

On the security front, Florida teenagers have been charged in a $4 million cryptocurrency and NFT kidnapping case in Las Vegas . 

These developments underscore the dynamic nature of the crypto market, influenced by geopolitical events, regulatory actions, and security concerns.

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