Global #Bitcoin

Following many days of precipitous declines, the price of bitcoin had a roughly two-fold boost following the Federal Reserve's decision not to raise interest rates, but it promptly declined again.

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.