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May 6, 2025

Bulls Rally as Ether and XRP Face Intense Selling Pressure

The new week kicks off with a whirlwind of activity for Bitcoin and altcoins. The global crypto market capitalization experiences a small dip. Last week ended with long positions unraveling as traders scramble to minimize losses. Market volatility is evident as bulls attempt to regain control amid heightened selling pressure. The reaction among investors remains mixed, reflecting uncertainty in the crypto landscape. This week promises to deliver more surprises. Investors must stay vigilant as the market dynamics continue to shift and evolve, impacting trading strategies and potential opportunities.

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