Important news about the current cryptocurrency market:


Market Overview:
* Bitcoin (BTC) price reached $95,000. An upward trend is observed in the market ahead of the FOMC (Federal Open Market Committee) meeting.
* The fact that 88% of Bitcoin supply is in profit is changing investor expectations.
* Analysts think that the Bitcoin bull run is not over yet.
* The market is currently ignoring Trump's tariffs and there was a $2 billion inflow of cryptocurrencies.
Altcoins:
* There are 4 reasons emphasized by analysts that Ethereum (ETH) price could rise strongly in May. However, ETH investors may consider exiting while waiting for the Pectra update.
* Litecoin (LTC) price fell by 5%. The SEC's delay of an ETF application due to fraud concerns was effective in this decline. However, Litecoin gained 11% in value recently.
* There are some dangerous indicators that point to a risk of a decline to $1.2 in the XRP price. However, 10x Research states that XRP stands out as the strongest altcoin investment.

* Some analysts are observing a "Bullish Shark" formation that predicts that Bitcoin dominance (BTC.D) could fall to 57% levels. This could be positive for altcoins.

* TRUMP coin broke the falling channel and is drawing attention ahead of a gala dinner to be held on May 22.

Institutional Investments and Adoption:

* MicroStrategy made $180 million in new Bitcoin purchases, increasing its total BTC holdings to 555,450.

* Tether is developing a new artificial intelligence platform that will support Bitcoin and USDT payments. It also printed $1 billion worth of new USDT on the Tron network.

* Tether announced over $1 billion in profit in the first quarter of 2025.

* Florida removed strategic Bitcoin reserve laws from the agenda.
Other Important Developments:

* SEC delays Litecoin ETF application due to fraud concerns.
* Tether mints $1 billion in tokens on Tron network, and competition with Ethereum heats up.
* Bitcoin is expected to break record after record if gold price rises to $5,000.
* Tap-to-earn era is ending and Web3 games are entering a new era.

Best Regards
BTC-0,04%
NOT1,75%
OVER1,94%
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GateUser-5604baafvip
· 2025-05-07 23:49
HODL TIGHT HODL TIGHT
Reply0
KSS_Catvip
· 2025-05-07 22:56
let the bullish end already
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Cactys2025vip
· 2025-05-07 22:17
Hold on tight 💪
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Harrio4lifevip
· 2025-05-07 18:49
Let the bull run for Pi kick start...
Reply1
RTMgrvip
· 2025-05-07 16:32
HODL TIGHT HODL TIGHT
Reply1
Berojbelvip
· 2025-05-07 06:07
HODL Tight 💪
Reply0
Dortmundervip
· 2025-05-07 05:48
Thanks for the info
Reply0
Sell_kamavip
· 2025-05-07 05:48
Good morning HODL Tight 💪
Reply0
Kuru_Muratvip
· 2025-05-07 05:45
HODL Tight 💪
Reply0
_saboralvip
· 2025-05-07 05:45
Buy To Earn 💎
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