As of May 29, 2025, the cryptocurrency market is navigating a dynamic landscape marked by significant developments. Bitcoin (BTC) is trading at approximately $107,660, reflecting a slight decline of 1.19% from the previous close. Ethereum (ETH) stands at $2,730.24, marking a modest increase of 3.31%.
In a notable move, Pakistan has officially announced plans to establish a government-led Bitcoin strategic reserve, signaling a significant shift from its previous stance on cryptocurrencies.
Meanwhile, in the United States, the Trump$TRUMP 
administration continues to show strong support for the crypto industry. Vice President JD Vance emphasized that cryptocurrencies have "a champion and an ally" in President Trump, highlighting efforts to create a pro-growth legal framework for stablecoins.
However, the crypto world is not without its challenges. In India, a major crackdown on a cryptocurrency and stock market fraud led to the arrest of four individuals involved in a fake investment firm promising high returns.
These developments underscore the dynamic and evolving nature of the cryptocurrency market, reflecting both its growing mainstream adoption and the ongoing regulatory and security challenges.
