Binance Market Update: May 1st, 2025 – Crypto Trends & Key Developments

The global cryptocurrency market experienced a slight dip in the past 24 hours, with a capitalization of $2.96 trillion, down -0.63%. Bitcoin (BTC) traded between $92,910 and $95,350 over the last day, currently trading at $95,340 – up by 0.59% as analysts attribute this rise to expanding DeFi applications and increasing institutional investments. Most cryptocurrencies saw mixed market performance, with notable outperformers including PIVX, ALPHA, and FLM, gaining 71%, 30%, and 25% respectively. 📰 **Top stories:** PancakeSwap’s potential for DeFi growth in 2025 is explored in a dedicated article. Meanwhile, Bitcoin news highlights the cryptocurrency’s performance surge this April alongside Ethereum RWA tokenization’s significant rise. Here’s a summary of key developments including Ripple’s bid acquisition for Circle, U.S. GDP shrinking, Grayscale launching a Bitcoin ETF, and CZ predicting a potential breakout in AI-blockchain technology applications.