Market Snapshot (as of mid-May 2025):
Bitcoin (BTC): ~$104,120.35 — nearing its all-time high of $109,588.
Drivers: Positive CPI data, market optimism, and Coinbase's S&P 500 inclusion.
Outlook: Coinpedia forecasts $110,000 by May-end and a potential climb to $168,000 in 2025, assuming bullish momentum holds.
Ethereum (ETH): +9% to $2,700, leading the bitcoin rally — possibly on institutional interest or Ethereum 2.0 developments.
Meme & Emerging Coins:
Dogecoin (DOGE): Surging alongside general retail enthusiasm.
Pi Coin (PI) and Fartcoin (FARTCOIN): Notable gains, likely fueled by speculative trading and social media hype.
Takeaway: The crypto market is heating up again with macroeconomic support and index legitimization. But with prices nearing highs, volatility and corrections remain risks — particularly with meme and emerging coins, which are often momentum-driven.
Would you like a chart or forecast breakdown based on different scenarios (e.g., Fed policy changes, ETF approvals, or macro shifts)?