$BTC
$ETH $BNB # Bitcoin (BTC) has reached a new all-time high, trading at approximately $111,970, driven by institutional inflows and the success of spot Bitcoin ETFs . Ethereum (ETH) remains stable around $2,645, despite a year-to-date decline of over 20%. The total market capitalization of cryptocurrencies stands at $2.13 trillion, with a 24-hour trading volume of $50.84 billion .
CoinMarketCap has introduced the AI Spotlight feature, highlighting emerging tokens and sectors with growth potential. This has spurred interest in AI-related tokens, particularly AI crypto agents, which now account for over 40% of the sector's dominance, with trading volume#s# increasing by more than 50% in the past month .
In regulatory developments, Hong Kong has passed legislation to license stablecoin issuers, and the U.S. Senate is advancing the GENIUS Act to regulate dollar-pegged digital tokens. Texas has also passed a bill to establish a Bitcoin reserve, becoming the second U.S. state to do so .
Additionally, Bybit announced the shutdown of several Web3 services, including its NFT marketplace and wallets, by May 31, 2025, following a $1.4 billion hack and a strategic overhaul .
CoinMarketCap has also launched the "Unlocked Market Cap" feature, providing users with more transparent valuation metrics on coin detail pages .
Overall, the crypto market is experiencing significant growth and innovation, with increased institutional participation and regulatory developments shaping its trajectory.