Today, the cryptocurrency market is generally following a mixed course. While small declines or sideways movements are seen in the prices of major cryptocurrencies such as Bitcoin and Ethereum, significant movements are experienced in some altcoins.


Featured Headlines and Developments:
* Bitcoin (BTC): Its price has been under pressure due to profit taking after the recent record increases. While some sources state that it is around $ 106,000, a sideways trend may be seen in the short term. However, in long-term expectations, there are estimates ranging from $ 130,000 to $ 1.5 million for 2025. While institutional and political support continues, Bitcoin investments of companies such as GameStop are also drawing attention.
* Ethereum (ETH): It is stated that it is trying to stay above $ 2,600. There are news that EIP-7702 transactions have increased with Ethereum's Pectra Update, but phishing risks have also increased.
* Altcoins:

* Solana (SOL): Its price is gaining strength with technical signals targeting $300.

* XRP: It is stated that there is a 48% bounce signal with the combination of ETF hope and technical formations.

* Sui (SUI): It is stated that it gives a 100% rally signal with the effect of the ETF application.

* Some cryptocurrencies rise when the market is down, while others experience significant declines.

* Institutional and Country-Based Developments:

* Pakistan: Announced a plan to establish a national strategic Bitcoin reserve.

* Central Bank of Russia: Allowed crypto derivatives for qualified investors.

* GameStop: Attracted attention by purchasing 4,710 BTC worth more than half a billion dollars.

* Trump Media: Announced plans to invest $2.5 billion in Bitcoin.

* BlackRock: Reportedly plans to take a 10% share in Circle's IPO and increased IBIT assets by 25%.
In general, it is a day when institutional interest continues in the market, some countries have started to evaluate cryptocurrencies strategically, and important technical signals are seen in altcoins. However, it is observed that there is a period of profit-taking or consolidation in major cryptocurrencies, especially Bitcoin, after the recent increases.
A0,43%
MAJOR2,21%
BTC-0,84%
ETH1,07%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 17
  • Repost
  • Share
Comment
0/400
xiaoXiaovip
· 2025-05-30 03:12
Just go for it💪
View OriginalReply0
BigBoss07vip
· 2025-05-30 01:56
Take me to make money, while I make money, take me to make money, take me to make money, make money later, take me to make money.
Reply0
TonmoyBDvip
· 2025-05-30 01:38
Bull Run 🐂
Reply0
Berojbelvip
· 2025-05-29 22:09
Bull Run 🐂
Reply0
C_must_88vip
· 2025-05-29 21:36
I hope it's a bullish start.🐂
Reply0
Muzrafa61vip
· 2025-05-29 21:36
Thank you very much for the enlightening and useful details.👏
Reply0
Hakumhansvip
· 2025-05-29 21:35
Good to have information. Thank you.
Reply0
ElizabethAldivip
· 2025-05-29 21:34
Correct observations, thanks for sharing.
Reply0
Selim_sarivip
· 2025-05-29 21:34
Although the market is optimistic, it is a bit mixed.
Reply0
View More
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)