Binance Market Update: Crypto Market Trends – May 3, 2025

The global crypto market cap experienced a slight decrease of 0.36% over the past 24 hours, settling at $3 trillion as per CoinMarketCap data. Bitcoin (BTC) traded within a range of $96,133 to $97,896 during the period, currently resting at $96,325 after a 0.40% decline. While many major cryptocurrencies are trading with mixed results, some notable market outperformers include STO, BROCCOLI714 and PSG, experiencing gains of 113%, 16%, and 15% respectively. Today’s top news stories: Apple ordered to drop app store fee restrictions, opening the door for crypto payments and NFTs, while CME reported a significant surge in April derivatives trading volume. Meanwhile, Arizona Governor vetoed a digital asset reserve bill, and the Federal Reserve is expected to maintain interest rates in May. U.S. and Japan are actively discussing trade partnerships. The IRS recently experienced leadership changes within its cryptocurrency project, while Bitcoin has surpassed major indices and tech stocks in recent market gains. 3. The market reacted positively to strong employment data amidst tariffs concerns. Market Movers: ETH: $1826.45 (+0.11%), XRP: $2.2001 (-0.42%), BNB: $596.7 (-0.30%), SOL: $147.62 (-1.39%), DOGE: $0.17922 (-0.63%), ADA: $0.7015 (-0.67%), TRX: $0.2487 (+1.55%), TRUMP: $12.87 (+2.88%), WBTC: $96285.98 (-0.38%), SUI: $3.3886 (-2.25%) #DOGE, #BTC, #XRP, #BNB, #ETH, #NFT