Bitcoin (BTC): Holding steady around $68K Ethereum (ETH): Up slightly, near $3.8K Solana (SOL): Showing strength, up 2%, trading above $180 BNB: Holding firm around $620 after recent gains Most altcoins are flat; low trading volume across the board Market Sentiment: Neutral
Outlook for June 2, 2025:
Analysts predict a potential upward trend for BTC, with projections suggesting it could reach up to $150,000 by the end of 2025, driven by strong institutional buying and growing demand as an inflation hedge. Binance
Ethereum's price is expected to range between $3,105 and $5,701 by 2025, with advancements in Ethereum 2.0 and DeFi adoption fueling growth.
Solana's price is forecasted to trade between $166 and $555 in 2025, with continued development and scalability improvements being essential for SOL to approach the upper end of this forecast.
Binance Coin (BNB) is predicted to trade between $604 and $1,250 in 2025, influenced by Binance’s continued market expansion combined with its successful blockchain upgrades.
As of May 31, 2025, Bitcoin (BTC) is trading at approximately $103,321, reflecting a slight decline of 2.6% from the previous close.
Despite recent market fluctuations, Bitcoin continues to demonstrate resilience. Notably, Metaplanet, a Tokyo-based firm, has issued $21 million in zero-interest bonds to acquire more BTC, aiming to expand its holdings to 10,000 BTC . Additionally, the U.S. has established a Strategic Bitcoin Reserve, solidifying BTC's role as a national asset .
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