Bitcoin Breaks $105K, Uniswap Reaches $3 Trillion, Coinbase Joins S&P 500: Market Roundup

This week saw major market shifts with Bitcoin surging to a new all-time high of $105,000 and institutional investors heavily involved. Metaplanet and Strategy made significant Bitcoin purchases, while Uniswap hit the milestone of being the first decentralized exchange (DEX) to reach $3 trillion in trading volume. Coinbase joined the S&P 500 index, signifying the growing integration of crypto into traditional finance, and FTX is set to distribute $5 billion to creditors on May 30, 2025. The US CPI dropped to a record low of 2.3%, but market sentiment remains mixed as traders brace for FTX’s payout and May’s options expiry. The week also highlighted geopolitical progress with the U.S.-China trade deal and Russia-Ukraine peace talks. However, the recent $20M Coinbase hack emphasizes persistent security vulnerabilities in the cryptocurrency space.