Global #Bitcoin

Following the Fed meeting, Bitcoin [BTC] eased its two-day losing run. The US Federal Reserve kept interest rates constant on May 1st, as was predicted.

The price of ether began to drop again and was trading below $2,920. In the event that ETH closes below the $2,800 support zone, bearish momentum may build.

The US-based corporate intelligence and software firm MicroStrategy has unveiled Orange, a brand-new decentralized identity protocol.

The value of the dog-themed cryptocurrency Shiba Inu (SHIB) has dropped significantly during the past day, losing almost 15% of its value.

The cryptocurrency market is once more beginning the month of May on a negative note, with traders sitting on enormous capital losses following the excessively pessimistic April.

The largest cryptocurrencies' open interest (OI), such as XRP In the past month, XRP Solana ~SOL} and Dogecoin `DOGE} have both dropped by 51%.

Animoca Brands, a Hong Kong-based developer of game software, is joining the Bitcoin BTC market by supporting the Opal Foundation, a fresh take on the Bitcoin ecosystem protocol.

MicroStrategy buys $1.65B in Bitcoin, now retains 1% of total supply despite revenue dip.

The price of Bitcoin found support at $61,800 and increased from there. After rising to $64,500, Bitcoin is now consolidating its gains around $63,500.

Which three of these cryptocurrencies have the best chance of beating Bitcoin in May, according to BeInCrypto's analysis?

rypto fans are anticipating the introduction of spot exchange-traded funds linked to Bitcoin in Hong Kong tomorrow with great anticipation, and the ETF craze is still going strong.

With all the signs of central bank intervention, the sinking yen (JPY) abruptly changed course and spiked versus the dollar on Monday, causing Bitcoin (BTC) to trade at a modest premium on Japanese markets.