📰 Crypto Market News | May 17, 2025

1. Ethereum Struggles at $2,480

ETH continues to face resistance around $2,500. Analysts now project a potential retest of the $2,100–$2,200 range if sentiment weakens further.

Source: CryptoSlate

2. Mt. Gox Rumors Resurface

Several unconfirmed reports suggest Mt. Gox wallets may be preparing fund movements. Traders are showing caution across BTC and major alts as a result.

Impact: Fear-driven short-term selling likely.

3. US Jobless Claims Spike

New data shows a jump in unemployment claims — triggering a risk-off environment across traditional and crypto markets.

DXY surges, BTC dips.

4. Institutional Quiet Period?

CME futures volume is dropping, and ETF inflows are slowing — potential sign that big players are sitting on the sidelines waiting for macro clarity.

🧠 Takeaway:

We’re in a high-sensitivity environment. Any surprise macro data or whale activity could trigger exaggerated moves.

Follow GrowEasy for daily market updates and strategy shifts — powered by data, not drama.

#CryptoNews #Ethereum #Bitcoin #MtGox #MacroTrends #USJobs #DXY #RiskOff #MarketUpdate #Investing #DayTrading #GrowEasy