#Bitcoin has fallen below $90,000 as global markets turn risky. $BTC dropped about 3%, while #Ethereum fell even harder, down more than 6–7%, slipping below $3,000 for the first time in weeks. Most altcoins are falling faster than Bitcoin. This selloff started because of global fear in financial markets. Japan’s bond market crashed, and new trade threats from President Trump against Europe scared investors. Stocks around the world are down, including the Nasdaq, Nikkei, and European markets. As traders move to safety, money is leaving altcoins, and Bitcoin’s share of the crypto market is increasing. Gold and silver are rising as investors look for safe assets. Overall, volatility is back, and altcoins may stay under pressure in the short term while global uncertainty remains high. #TrumpTariffsOnEurope #BTCVSGOLD #StrategyBTCPurchase #StrategyBTCPurchase $BNB $BTC
Here’s a quick roundup of today’s top crypto news as of Friday, May 23, 2025:
🟠 Bitcoin Hits New All-Time High
Bitcoin (BTC) has surged to a new all-time high of $111,000, surpassing the market capitalizations of both Amazon and Google. (FXEmpire)
🟣 XRP Futures ETF Launches on Nasdaq
Volatility Shares has launched the first-ever XRP futures ETF on the Nasdaq today, marking a significant milestone for XRP and the broader crypto ETF market. (DL News)
🟢 Bitget Wallet Unveils New Brand Identity
Bitget Wallet has introduced a new brand identity and the "Crypto for Everyone" movement, aiming to make crypto more accessible with a user-friendly interface and expanded services. (TradingView)
🟡 Trump Hosts Dinner for Top Crypto Token Holders
Former President Donald Trump is hosting a dinner for top holders of his crypto token, despite many investors experiencing significant losses. (The Guardian)
📈 Market Snapshot
As of now, the crypto market shows the following prices:
🔥 Today's Top Trending Coins SOON (SOON) is being listed on Binance Alpha today, and an airdrop event is also being held. Due to the new listing and airdrop, there may be a short-term surge in interest in this coin. #Soon
The price is 111086.0 USD currently with a change of 4448.00 USD (0.04%) from the previous close.
The intraday high is 111547.0 USD and the intraday low is 106459.0 USD.
📈 $BTC Bitcoin Breaks $111K Barrier
Bitcoin (BTC) has surged to a new all-time high, reaching $111,878 before slightly retreating below $110,000. This rally is attributed to several factors:(Investopedia)
Institutional Adoption: Major firms like BlackRock and Fidelity have launched BTC-based ETFs in Europe. (Medium)
Regulatory Developments: The U.S. Federal Reserve signaled a pause on interest rate hikes, boosting investor confidence. (Medium)
Corporate Engagement: Tech giants such as Apple and Google announced blockchain-based features in upcoming OS updates. (Medium)
These developments have led to increased inflows into Bitcoin spot and futures markets.(Medium)
🏦 Market Impact
The Bitcoin rally has positively influenced crypto-related stocks:(Investopedia)
MARA Holdings: Shares rose by 4.4%.(Investopedia)
Riot Platforms: Experienced a 3.3% increase.(Investopedia)
Coinbase Global: Saw a 2% gain.(Investopedia)
MicroStrategy: Reported a 1.6% increase in share value, with its Bitcoin holdings now valued at over $63 billion. (Investopedia)
📰 Other Notable Crypto News
Texas Bitcoin Reserve Bill: Texas is voting on a bill to establish a Bitcoin reserve, potentially making it the third U.S. state to do so. (X (formerly Twitter))
XRP Developments: Volatility Shares launched the XRP Futures ETF (XRPI) on CME, and XpFinance's presale has filled over 20% of its soft cap, indicating strong market confidence. (99Bitcoins)
Genius Group's Bitcoin Investment: Following a favorable court ruling, Genius Group increased its Bitcoin treasury by 40%, purchasing an additional 24.5 BTC. (GlobeNewswire)
Donald Trump's Crypto Engagement: Former President Donald Trump is hosting a private dinner for top investors in his personal cryptocurrency, the $TRUMP memecoin. (The Times of India)
The daily chart highlights a decisive breakout above the descending trendline from the March–April structure, flipping $92,000–$93,000 into a confirmed support block. The price action now pauses just below a historical resistance band between $96,000 and $100,000—a zone where sellers have historically dominated. This area has previously acted as a supply zone and continues to cap upside momentum.
Support remains strong at the $91,800–$92,500 region, marked by previous consolidation and accumulation in April. The uptrend remains structurally intact unless #BTC breaks b… $BTC #tradestories #FOMCMeeting #news_update #Crypto_news