Here are the key events in the cryptocurrency market for May 31, 2025:

📉 Cryptocurrency Market

* **Bitcoin (BTC)**: Trading around \$104,773, having recovered after falling below \$104,000. In the last 24 hours, liquidations exceeding \$600 million have been recorded, which may indicate a possible market reversal.

* **Solana (SOL)**: The price decreased by 5% to \$154, which is associated with reduced activity of meme coins and geopolitical tensions.

* **Altcoins**: Most major cryptocurrencies are showing a decline. However, the tokens BIFI, SLF, and FARM have increased by 41%, 19%, and 11% respectively.

🏦 Regulatory and Institutional News

* **SEC and Binance**: The U.S. Securities and Exchange Commission (SEC) and the cryptocurrency exchange Binance have reached an agreement to close the case, which may indicate a softening of the regulator's stance towards the crypto industry.

* **Bitcoin Mining Difficulty**: Has reached a record level, increasing by 4.38%, indicating rising competition among miners.

🌐 International Events

* **Georgia**: The tour operator Tripzy has begun accepting cryptocurrency as payment for tourist services, including hotel bookings and excursions.