On May 5, 2025, the global cryptocurrency market experienced a slight pullback, with the total market capitalization at $2. 94 trillion, reflecting a 1. 3% decrease over the past 24 hours. Market sentiment stayed neutral, as shown by the Crypto Fear & Greed Index reading 49. Traders are proceeding carefully ahead of Ethereum’s highly awaited Pectra upgrade, while regulators in the U. S. and U. K. signal potential tightening of crypto investment policies. **Price Performance of Major Cryptocurrencies:** - **Bitcoin (BTC):** $94, 563 (-1. 1%) – $674. 9 million trading volume - **Ethereum (ETH):** $1, 828. 50 (-0. 11%) – Pectra upgrade scheduled for May 7 - **Binance Coin (BNB):** $591. 90 (-0. 49%) – Slight declines amid regulatory pressures - **Ripple (XRP):** $2. 18 (-0. 46%) – Stable despite ongoing SEC litigation - **Cardano (ADA):** $0. 6838 (-0. 9%) – Declining despite ecosystem improvements - **Dogecoin (DOGE):** $0. 1738 (-0. 2%) – Holding steady with no new catalysts - **Solana (SOL):** $146. 51 (+1. 1%) – Rising driven by DeFi and NFT activity - **Polkadot (DOT):** $3. 98 (unchanged) – No significant movement - **Litecoin (LTC):** $88. 65 (+3. 3%) – Top-performing major coin - **Uniswap (UNI):** $5. 08 (+0. 8%) – Moderate gains **Top Gainers:** - **Core (CORE):** $0. 7697 (+12. 17%) - **Walrus (WAL):** $0. 5901 (+11. 01%) - **Flare (FLR):** $0. 0201 (+7. 85%) - **Pudgy Penguins (PENGU):** $0. 0108 (+7. 53%) - **Bonk (BONK):** $0. 00001722 (+5. 43%) **Top Losers:** - **Ethereum Name Service (ENS):** $17. 73 (-8. 2%) - **Sonic (S):** $0. 5216 (-4. 04%) - **Kaia (KAIA):** $0. 1127 (-3. 72%) - **FET (Artificial Superintelligence Alliance):** $0. 661 (-3. 56%) - **BitTorrent (BTT):** $0. 0000007112 (-3. 5%) **Key Developments to Watch:** - **Ethereum’s Pectra Upgrade Nears:** Scheduled for May 7, this upgrade could notably affect gas fees and scalability, prompting traders to monitor ETH price fluctuations closely in expectation of heightened volatility. - **Token Unlock Pressure:** Ethena (ENA) is releasing 171. 88 million tokens today, fueling concerns about short-term selling pressure. Several other altcoins are also slated for token unlock events this week. - **End of U. S.

Bitcoin Reserve Executive Order:** The 60-day executive order from former President Trump establishing a U. S. Bitcoin reserve expires today, which may influence public sector crypto policies moving forward. - **UK’s Crackdown on Crypto Credit:** The UK Financial Conduct Authority (FCA) intends to prohibit credit-based crypto purchases for retail investors due to growing worries about risky leveraging practices among retail traders. **Expert Market Outlook:** Despite short-term volatility, the long-term outlook remains bullish. Standard Chartered forecasts Bitcoin reaching $120K by the end of Q2, potentially climbing to $200K by year-end. Meanwhile, meme coins such as Fartcoin (FART) and Bonk (BONK) have surged between 300% and 500% amid renewed investor interest. **Final Thoughts:** On May 5, 2025, the market leaned mildly bearish but included notable outperformers and significant developments. Ethereum’s Pectra upgrade, upcoming token unlocks, and intensifying global regulations continue to be focal points for both traders and investors. Whether holding assets for the long term or seeking short-term gains, this week promises considerable activity and opportunities.