Daily Market BriefMay 21, 2025

Daily Market Brief 250521

  • $BTC is slightly up from yesterday. As of now, $BTC is trading at $106,815 and $ETH at $2,523. Bitcoin dominance stands at 64.12%.

  • The U.S. Senate has advanced the GENIUS Act—a bill regulating stablecoins—with a 66–32 cloture vote, overcoming earlier Democratic resistance tied to concerns over President Trump's crypto ventures (see below).

  • A few other headlines include: Bybit now allows users to trade top global stocks directly with USDT; Ethereum co-founder Jeffrey Wilcke transferred 105,736 ETH to Kraken; and the SEC has delayed decisions on the proposed XRP and Dogecoin ETFs.

  • Over the past 24 hours, the top three gainers were $TRUMP, $GRASS, and $SUPER, while the top three losers were $PYTH, $TURBO, and $LTC.

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