**📊 Crypto Market Update – June 2, 2025**

As of June 2, 2025, the cryptocurrency market exhibits a mix of stability and cautious optimism.

🔹 Major Cryptocurrencies

Bitcoin (BTC): Currently trading at $104,845, Bitcoin shows a slight uptick of 0.45%.

Ethereum (ETH): Priced at $2,491.89, Ethereum has experienced a minor decline of 1.00%.

BNB (BNB): Trading at $657.19, BNB has seen a modest increase of 0.39%.

Cardano (ADA): ADA stands at $0.678, marking a slight rise of 0.34%.

XRP (XRP): With a current price of $2.16, XRP has dipped by 0.46%.

🌐 Market Highlights

Metaplanet's Bitcoin Acquisition: Metaplanet has expanded its Bitcoin holdings to 8,888 BTC, becoming the 10th-largest public holder. This move reflects a broader trend of institutional accumulation.

Altcoin Performance: Three altcoins have surged over 500% in the past week, indicating a potential shift in investor focus towards alternative cryptocurrencies.

LayerEdge (EDGEN) Listing: Binance Alpha has announced the listing of LayerEdge (EDGEN), a decentralized network built on Bitcoin infrastructure. Airdrop claims open today.

Federal Reserve Signals: The U.S. Federal Reserve has hinted at potential rate cuts later this year, a development that could positively impact both crypto and stock markets.

📈 Technical Insights

Bitcoin's Resistance Levels: Bitcoin faces resistance around the $110,000 mark, with current volatility levels doubling those of gold.

XRP's Bearish Momentum: XRP struggles below key resistance levels, with technical indicators suggesting continued bearish pressure.

🇵🇰 Regional Focus: Pakistan

Crypto Council Meeting: The Pakistan Crypto Council is scheduled to convene today in Islamabad, potentially discussing regulatory frameworks and the future of digital assets in the country.