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-0,7%
NOT-1,46%
OVER1,31%
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