INSUBCONTINENT EXCLUSIVE:
Data from cryptocurrency exchanges and financial markets reveal Bitcoin trading at $96,264 on May 3, 2025, marking a slight decrease of
asset globally.The cryptocurrency market has gained significant momentum recently, adding approximately $300 billion to its total value in
massive inflows of $674.9 million on May 3 alone, highlighting growing institutional confidence in digital assets.Ethereum currently trades
at $1,841.43, a marginal increase of 0.14% from yesterday
The second-largest cryptocurrency has been consolidating above the crucial $1,800 support level throughout the week.Bitcoin Stabilizes at
$96,300 After Testing $97,700 Resistance
Several altcoins have outperformed Bitcoin dramatically in the past 24 hours.STO surged an impressive 69.51% to reach $0.2024 with
substantial trading volume
WEMIX followed with a 41.13% increase, while AERGO and PUNDIX gained 21.18% and 17.63% respectively.Bitcoin Stabilizes at $96,300 After
trend.Market analysts interpret this shift as growing confidence among longer-term holders
Macroeconomic factors have created a favorable environment for cryptocurrency investments recently.The US GDP contracted by 0.3% in the last
quarter, increasing stagflation concerns
cryptocurrency trading above key moving averages on daily timeframes.Support levels exist at $96,200 and $95,500, while resistance remains
at the recent high of $97,400.Trading volume has increased substantially, with Bitcoin spot trading on Kraken surging 18% to $750 million on
interest continues growing despite some ETFs like Invesco reporting no new flows on May 3.The cryptocurrency market now faces a critical