The global cryptocurrency market cap reached $3.09 trillion on May 9th, 2025, a 3.07% increase over the previous day. Bitcoin (BTC) saw trading between $99,091 and $104,361 in the past 24 hours, closing at $102,524, an increase of 2.88%. Major cryptocurrencies are seeing notable gains with notable outperformer including SXT, PNUT, and PEPE, which have surged by 140%, 56%, and 41% respectively. Top Stories highlights this week’s market movers:
* **Bitcoin Price Predictions:** Analysts at Standard Chartered believe a Bitcoin price of $120k might be too conservative, with ETF inflows exceeding $4 billion.
* **Bitcoin News:** A surge past $101K is driven by U.S. legalization of strategic BTC reserves and growing global adoption. Ethereum News** sheds light on the token’s current undervaluation against Bitcoin but questions remain regarding its sluggish network development and weak institutional interest. Meanwhile, the price action for Bitcoin continues to strengthen following a recent pullback.
* **Binance Wallet User Rewards:** Binance users can potentially earn shares of $375,000 in REZ tokens through staking SOL with Renzo Strategies.
* **Market Movers:** Ethereum is up by 19.07%, XRP is up by 6.29%, and BNB is up 2.28%. Notably, DOGE has seen a surge of 10.94%, ADA gains 8.81%, and TRX rises by 3.27%. Top Gainers on Binance reveal the most significant performers:
* SXT/USDT (+140%)
* PNUT/USDT (+56%)
* PEPE/USDT (+41%)
* **#DOGE #BTC #ETF #BNB #XRP #ETH**