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📰 The Daily Drip
Powered by H2cryptO | Thursday, 29 May 2025
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Delivering concise and insightful crypto updates every day.
🧠 Top Story: Ethereum Leads as Bitcoin Consolidates
Bitcoin (BTC) is consolidating around $106,640, while Ethereum (ETH) has surged to $2,656, marking a 7-day rally. Analysts anticipate a potential continuation of the crypto rally after recent dips influenced by hawkish Fed minutes.
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📊 Market Snapshot
Coin | Price | 24h Change | Market Cap |
---|---|---|---|
BTC | $106,640 | 🔻 -0.89% | $2.13T |
ETH | $2,656.08 | 🔺 +0.23% | $318.7B |
USDT | $1.00 | ➖ 0.00% | $153.3B |
XRP | $2.28 | 🔺 +1.33% | $138.1B |
BNB | $679.68 | 🔻 -0.84% | $94.3B |
SOL | $168.82 | 🔻 -1.03% | $75.8B |
USDC | $1.00 | ➖ 0.00% | $61.4B |
DOGE | $0.2195 | 🔻 -0.15% | $26.1B |
ADA | $0.7355 | 🔻 -1.37% | $24.9B |
TRX | $0.2763 | 🔺 +0.40% | $23.1B |
Total Market Cap: $3.43T
BTC Dominance: 62.4%
24h Volume: $186.7B
😬 Fear & Greed Index
70 – Greed
Check the Index
💸 ETF Flow Watch
BTC ETFs: +$476M inflow
ETH ETFs: +$55M inflow
Live ETF Data
📈 Technical Analysis Watchlist (Not Investment Advice)
INJ ($25.04): Breakout confirmed above 50-day MA
View INJ ChartSUI ($1.34): Testing downtrend resistance
View SUI ChartAVAX ($36.89): Oversold bounce in progress
View AVAX Chart
🔍 Market Insights
Long-term Bitcoin holders have accumulated over 1.39 million BTC in the past three months, signaling strong holding sentiment.
Ethereum has become the most trending crypto asset of the month after seven straight days of gains.
BNB breaks $687 resistance as global investors turn to decentralized alternatives amid market volatility.
⚡ Quick Bytes
🧠 Chainlink's CCIP integrated by three major banks for secure tokenized asset transfers
Source🌐 Filecoin Foundation announces $5M grant fund for open-source infrastructure
Source🔒 Arbitrum DAO approves treasury reallocation to fund ecosystem development
Source🌱 Near Protocol unveils new climate initiative with carbon credit partner
Source
🗓️ Upcoming Events
May 31: BTC Monthly Options Expiry
June 1: ETH Shanghai+ Upgrade
June 5: U.S. Non-Farm Payrolls Report
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🚨 This content is for informational purposes only and does not constitute investment advice.