🔺The market is in mixed dynamics: BTC and Ethereum are marking time again, forcing alts to move in disarray. TOPs and mid-range ones show from -5% to +4%. And only a number of coins show good growth: MKR and MELANIA tokens added +9%, and the ME coin shot up by +22%.
🔺Despite the sluggishness of alts, the fear index (for more than 40 days) remains in the “greed” zone. However, the trading volume on exchanges continues to decline and reached $41 billion per day. For comparison: at local peaks in December 2024, trading volumes amounted to $131 billion.
🔺Meanwhile, SP500 is confidently going up and has added +2% since the beginning of the week. The index needs to gain another +2.9% to beat the previous ATH from February 2025. Flagship assets and all world indices are in the bull market...as a rule (after the growth of the heavyweights) junk assets start to accelerate...which only need 4-6 months to reach the peak of euphoria: we'll wait and see.
🔺Trump's sons deny their involvement in the "new crypto wallet from Trump" - claiming that it is fake and suggesting to wait for their official wallet from World Liberty Financial. However, the top NFT project Magic Eden confirmed that the partnership with Trump's team is real. Who is lying this time?
🔺TOP 15 coins that showed the greatest growth in May👇
