As of May 17, 2025, both Bitcoin (btc) and Ethereum (ETH) are experiencing slight declines:
Market Overview:
Bitcoin ($BTC ): Currently trading around $102,913, BTC has seen a minor decrease of approximately 0.88% today. The price has been relatively stable, fluctuating between $102,796 and $104,275. Analysts suggest that $BTC is consolidating near its all-time highs, with potential for a breakout if it surpasses the $105,000 resistance level.
Ethereum ($ETH ): Trading at about $2,484, ETH has declined by roughly 5.3% today. The price ranged between $2,466 and $2,631. Despite today's dip, there is optimism in the market, with some analysts predicting a rally towards the $3,200 mark, especially as large investors ("whales") increase their positions.