Panic Drop
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📊 Daily Crypto Market Roundup – May 20, 2025 💰 Market Snapshot 🔷 Bitcoin (BTC): Trading at 106K after testing 102K, gaining 4% over 24h 🔷 Ethereum (ETH): Up 9%, trading at 2575 after bouncing from 2353 🔷 BTC Dominance: Dropped slightly from 64% to 63.7% 🔷 ETH/BTC Ratio: Increased by 6%, signaling strength in ETH vs. BTC 🔷 Overall a strong crypto recovery after the decent dip yesterday. 🧠 Projects Gaining Mindshare 🔷 Huma Finance: Rising in attention due to its upcoming token launch (HUMA), a DAO proposal with Jupiter on Solana, and a USDC-based point farming program. The protocol is focused on PayFi use cases, though it is not yet listed on major exchanges 🔷 SoonChain (SOONX): Gaining interest due to price performance and alignment with metaverse/NFT narratives popular among web3 gaming communities 🔷 OpenSea: Maintaining mindshare due to its position as the top NFT marketplace; speculation on Solana NFT integrations is also contributing.
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Panic Drop
@panic-drop
🌍 Key Macro Events & Market Drivers 🔷 Australia’s Central Bank (RBA): Cut the policy rate to a 2-year low, potentially stimulating its economy but weakening the Australian dollar 🔷 China’s CATL: Shares surged over 17% in its Hong Kong debut 🔷 China’s Lending Rate Cut: The lower benchmark lending rate is likely to support domestic economic activity, which may indirectly boost crypto trading and investor risk appetite 🔷 Jamie Dimon (JPMorgan): Warned that markets are underestimating tariff risks and earnings drops. If you enjoyed this daily roundup, make sure to follow me – I'll see you tomorrow. $BTC $ETH $SOL $SPX500 $NSDQ100
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