Crypto Market Overview – May 29, 2025
As of today, the global cryptocurrency market capitalization stands at approximately $2.4 trillion, with a notable 15% increase in trading volume, reaching $98 billion in the last 24 hours.
Bitcoin (BTC): Currently trading at $107,922, Bitcoin has experienced a slight decrease of 0.89%.
Ethereum (ETH): Ethereum is showing strong performance, trading at $2,728.27, up 3.47%, marking its seventh consecutive day of gains.
Altcoins: Altcoins are exhibiting mixed results. For instance, Cardano (ADA) is trading at $0.749982, slightly down by 0.15%, while XRP is at $2.28, experiencing a 0.87% decline.
Market Sentiment: The market is currently experiencing a consolidation phase after recent highs. Investors are advised to monitor key support and resistance levels for potential breakout or breakdown scenarios.
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Not financial advice.