Daily market data (May 19, 2025, 10:20 AM)
ChainDD market data from May 19 shows the comprehensive index and CoinMarketCap quotes:
BTC is priced at $104,050.08, with a 24-hour increase of about 0.71%;
ETH is priced at $2,391.31, with a 24-hour decrease of about 3.60%;
BNB is priced at $640.69, with a 24-hour decrease of about 0.24%;
DOGE is priced at $0.2209, with a 24-hour increase of about 2.51%;
SOL is priced at $166.06, with a 24-hour decrease of about 0.60%.
Cryptocurrency market dynamics
Trump's tax cut plan advances in the House of Representatives.
According to foreign media reports, Trump's tax cut plan has been approved by a key committee in the U.S. House of Representatives, making it likely to pass in the House later this week. Last Thursday, efforts by Republicans to push President Trump’s comprehensive tax plan through Congress encountered obstacles, as five hardline conservatives within the Republican Party voted against it along with all Democratic members, demanding further cuts to Medicaid in exchange for their support in key procedural votes. Republican leadership stated that the bill is not yet mature, and significant modifications to the tax and Medicaid provisions are necessary to gain the support of conservatives.
Metaplanet has purchased an additional 1,004 BTC, raising its total holdings to 7,800 coins.
According to Metaplanet's announcement, as part of its Bitcoin treasury strategy, the company has purchased an additional 1,004 Bitcoins for a total amount of 15.195 billion yen, with an average price of about 15.13 million yen per coin. As of now, the company has accumulated a total of 7,800 Bitcoins, with a historical average purchase price of 13.51 million yen per coin.
(Rich Dad Poor Dad) author: Save physical gold, silver, and BTC to hedge against the next crisis, rather than buying ETFs.
(Rich Dad Poor Dad) author Robert Kiyosaki posted on platform X that in 1998, Wall Street united to rescue the hedge fund LTCM, and in 2008, the central bank saved Wall Street. Each crisis gets bigger, and the problem began in 1971 when Nixon canceled the dollar's gold standard. The next crisis may be triggered by the collapse of $1.6 trillion in student loan debt. For most people, the best way to protect themselves is self-rescue, so saving physical gold, silver, and Bitcoin is advisable instead of buying ETFs.
1confirmation founder: Crypto projects that allocate 50% of tokens to insiders will go to zero, and ETH will reach $120 trillion.
1confirmation founder Nick Tomaino posted on platform X that if you truly believe that crypto is about empowering humanity, then projects that allocate 50% of tokens to insiders, manipulate narratives, and sell to retail investors will ultimately go to zero; whereas value storage assets with 'trustworthy neutrality' like Ethereum are expected to reach a market value of $120 trillion.
Bitcoin broke through $107,000 this morning, setting a record for the highest weekly closing price ever.
Market data shows that Bitcoin broke through $107,000 this morning, setting a record for the highest weekly closing price ever. Previously, when Bitcoin reached its all-time high price of $109,588, the weekly closing price was $102,620.
