🚀 Crypto Market Update – Mid-May 2025
The cryptocurrency market is experiencing significant movements:
• Bitcoin (BTC) has surged past $104,000, driven by optimism over potential U.S. interest rate cuts and increased institutional buying. 
• Ethereum (ETH) has gained 40% recently, attributed to the successful Pectra upgrade, enhancing staking and interoperability with layer-2 chains. 
• Altcoins are showing mixed performances, with some experiencing declines despite Bitcoin’s rally. 
• Stablecoins remain a focal point, with U.S. policymakers pushing forward legislation to regulate dollar-linked stablecoins, aiming to reinforce the strength and global status of the U.S. dollar. 
• Institutional Activity is notable, with firms like Mastercard integrating stablecoin payment features, indicating a bridge between traditional fiat money and digital currencies. 
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