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On May 29, 2025, the cryptocurrency market experienced mixed movements, with Bitcoin (BTC) facing resistance and Ethereum (ETH) showing strength.
Bitcoin's price dipped to $107,733, marking a 1.19% decrease over the past 24 hours. Despite this decline, institutional interest remains robust, as evidenced by $432.7 million in ETF inflows the previous day
Ethereum outperformed, rising 3.14% to $2,724. This surge is attributed to growing investor confidence and positive market sentiment .
In other developments, Bitget announced the listing of Ripple USD (RLUSD), a USD-backed stablecoin issued by Ripple, on its spot trading platform. This move aims to cater to the increasing demand for secure and compliant digital assets among institutional participants .
FX Leaders
Overall, while Bitcoin faces short-term challenges, the broader crypto market shows signs of resilience and growth, driven by institutional investments and innovative developments. 0 reply
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