🗒 Gate.io Suggested Topics Posting Event: #Ethereum Pectra Upgrade#
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The Ethereum Pectra upgrade goes live on May 7, bringing improved account features, better validator experience, and L2 support. Will it boost ETH’s price? Share your thoughts, predictions, and trading strategy with #Ethereum Pectra Upgrade# for a chance to win $50!
⏰ Event Time: May 6, 4:00 AM - May 7, 4:00 AM (UTC)
⚠️ Notes: Plagiarism is prohibited; original content is encouraged.
Market Overview (May 5, 2025, 13:07):
* The global cryptocurrency market cap is around $3.06 trillion. This represents a 2.39% decrease over the last 24 hours.
* The total cryptocurrency market trading volume was around $54.58 billion in the last 24 hours, indicating an increase of 11.60%.
* Bitcoin (BTC) price is around $94,545 and has lost 1.17% in the last 24 hours. Bitcoin's market dominance is at 63.66%.
* Ethereum (ETH) price is around $1,828 and has changed by -0.16% in the last 24 hours.
Some Notable Altcoin Movements (Last 24 Hours):
* Risers: Notable increases are seen in some altcoins such as Sui (SUI), Bonk (BONK), Litecoin (LTC), Bittensor (TAO), Pepe (PEPE).
* Fallers: Declines are observed in some altcoins such as Toncoin (TON), Ethereum Classic (ETC), Mantle (MNT). There is a significant decrease in the Official Trump (TRUMP) coin in particular.
Some Headlines from the Latest News:
* Analysts state that the probability of Canary Capital's spot Litecoin ETF application being approved is higher than other assets.
* Bitcoin briefly rose above $97,000 after the increase in stablecoin inflows, but fell back to $94,000.
* There are analyses indicating that Ethereum fell behind Bitcoin and Solana in the first quarter of 2025.
* An increase in volatility is expected as a significant amount of Ethena and Movement tokens will be unlocked.