In the past 24 hours, BTC dropped to around $105,688, while ETH remained range-bound, with its market dominance slightly rising to 9.4%. Major altcoins mostly declined, signaling a brief cooling of market sentiment. U.S. equities saw minor consolidation, the dollar index stabilized, and investors await May’s non-farm payroll data.

• Market Commentary: BTC is consolidating at high levels, with short-term support near $104,500. ETH remains directionless in a narrow range. On the macro front, U.S. job data will be a key trigger for future market moves.
• Trending Tokens: ZBCN surged over 60% in three days, driven by Zebec’s focus on on-chain payment flows. DEXE rose 30% intraday on growing interest in its social trading features. WHITE rallied again, boosted by strong community governance and meme sector momentum.
• Alpha Insights: Rain extended its stablecoin Visa card support to Solana, Tron, and Stellar, advancing the integration of on-chain payments with real-world spending. U.S. vice presidential candidate J.D. Vance proposed stablecoins as a strategic pillar in the country’s economic diplomacy, raising expectations for regulatory support.
• Gate Launchpool: Giza’s subscription remains open. The AI-powered DeFi protocol supports major cryptocurrencies, with GIZA serving as the core token for executing smart financial strategies.

Discover more details today → J.D. Vance Calls Stablecoins a New Pillar of U.S. Economic Diplomacy｜Gate Research

Gate Research is a comprehensive blockchain and cryptocurrency research platform that provides readers with in-depth content, including technical analysis, trending insights, market reviews, industry research, trend forecasting, and macroeconomic policy analysis.

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Cryptocurrency investment involves high risks. Users are advised to conduct independent research and fully understand the nature of the assets and products before making any investment decisions. Gate is not responsible for any losses or damages resulting from such investment decisions.

Gate Team
May 30th, 2025

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