Daily Market BriefMay 22, 2025

Daily Market Brief 250522

  • $BTC broke its all-time high, breaking $110K. As of now $BTC is trading at $109,640 and $ETH is trading at $2,551. Bitcoin dominance stands at 64.29%.

  • On the macro front, 30Y JGB yield spike and poor US Treasury auction pushed U.S. long-end yields higher, reigniting concerns over unsustainable fiscal trajectories worldwide (see below). Meanwhile, Bitcoin touched a new all-time high, with Coinglass reporting $451 million in liquidations—$262 million of which were short positions.

  • A few headlines include: Texas Bitcoin bill passes and will likely be signed by Gov. Abbott, says advocate, Binance Alpha 2.0’s daily trading volume reached $2 billion on May 20, and Upbit has announced the listing of Mantra ($OM).

  • During the last 24 hours, the top three gainers were $DOG, $WIF, and $XMR, while the top three losers were $KCS, $AAVE, and $EOS.

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