May 02, 2025
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Metaplanet Issues $25M Bonds to Buy More Bitcoin Dogecoin, XRP ETF Hopes Are Fuelling Bullish Sentiment, Social Data Shows Bitcoin Jumps Above $97K as Traders Optimistic U.S.-China Trade Deal Possible Movement Labs Suspends Rushi Manche Amid Coinbase Delisting, Token-Dumping Scandal U.S. Senate Moves Toward Action on Stablecoin Bill U.S. Government Begins to Sever Cambodia’s Huione Group from Financial System Mango Markets Exploiter Avi Eisenberg Sentenced to 4+ Years in Prison for Child Porn Strategy Raising Another $21B to Buy Bitcoin, Posts Large Q1 Loss on BTC Price Decline Gold Continues Correcting and That Might Be Good for Bitcoin SEC Ditches PayPal’s PYUSD Probe, Removing Key Regulatory Hurdle for Its Stablecoin

Bitcoin Nears $60K as Crypto Bounce Accelerates, but Recovery Might Be Choppy

While the crypto rally was broad-based with ETH, SOL, NEAR gaining 8%-10%, prices rarely go up in a straight line following major capitulation events such as Monday’s crash, one observer noted.

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