The crypto market remains largely unchanged from yesterday. As of now, $BTC is trading at $82,719, and $ETH is at $1,932. Bitcoin dominance stands at 61.44%.
The FOMC meeting is happening tonight, with FedWatch indicating a 0% probability of a rate cut at this meeting. The focus will be on the updated dot plot, which will clarify the timeline for future rate cuts, as well as QT (see below for more).
A few notable headlines include: Raydium will launch the token issuance platform LaunchLab, EOS Network is rebranding to Vaulta and plans to conduct a token swap at the end of May 2025, and Cathie Wood stated that once the regulatory environment allows, the firm plans to bring some of its funds on-chain.
Over the past 24 hours, the top three gainers were $EOS, $RAY, and $TRX, while the top three losers were $PI, $BERA, and $VIRTUAL.
