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Bitcoin Smashes $106K as Crypto Markets Hold Steady—Meanwhile, Traders Still Pay 2% Fees for ’Instant’ Settlements

Bitcoin Smashes $106K as Crypto Markets Hold Steady—Meanwhile, Traders Still Pay 2% Fees for ’Instant’ Settlements

Published:
2025-05-20 13:36:54
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Crypto markets hover in cautious equilibrium as Bitcoin clinches a fresh record above $106,000. Ethereum and Solana show muted volatility—classic consolidation before the next leg up or down. XRP? Still waiting for that ’utility’ to kick in.

Altcoins tread water while BTC dominance grows. Meme coins flatline (mercifully). DeFi tokens whisper about ’fundamentals’ as leverage traders nap. The real action? Watching institutional FOMO meet cold, hard profit-taking.

Another day in crypto paradise—where ’mild movements’ still outperform your bank’s ’high-yield’ savings account.

Ethereum Price — Source Coinmarketcap

Ethereum Price — Source: CoinMarketCap

Following Ethereum, other major alts like Solana (SOL), XRP and Cardano (ADA) have had mild movements. Among top 10 largest crypto assets by market cap, Tron (TRX) has come out as a top gainer, with it surging 3.30% in the past 24 hours.

Trending Crypto Today

  • AAVE (Aave)
  • MASK (Mask Network)
  • JKZ (Polyhedra Network)
  • WCT (WalletConnect Token)
  • MERL (Merlin Chain)

Top Gainers Today

  • AAVE (Aave): +10%
  • PENDLE (Pendle): +7%
  • CRV (Curve DAO Token): +6%
  • QNT (Quant): +6%
  • TRUMP (Official Trump): +4%

Top Losers Today

  • PYTH (Pyth Network): -7%
  • LTC (Litecoin): -5%
  • LDO (Lido DAO): -5%
  • IP (Story): -4%
  • UNI (Uniswap): -3%

As per CoinMarketCap data, the global crypto market cap today sits at $3.3 trillion—surged 2.16% today—with a 24 hour trading volume of $127 billion.

Also read: Bitcoin, Ethereum, & XRP Prices Rise as GENIUS Act Passes

    

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