Nexo has officially reentered the U.S. market, offering high-yield crypto savings accounts, asset-backed credit lines, and trading and liquidity services for both retail and institutional clients. The announcement was made at a special business event, attended by figures such as Donald Trump Jr. This comes after Nexo’s partial exit in late 2022, when it stopped providing its Earn Interest product in eight states and halted new user registrations across the U.S.
With the crypto market cap nudging $2.97 trillion and the Fear & Greed Index stuck at a neutral 51, the industry appears to be in a holding pattern as May kicks off. While trading volume has seen a modest lift, the broader sentiment reflects uncertainty. That being said, the Altcoin Season remains on the sidelines, as Bitcoin continues to dominate market behavior.
Bitcoin (BTC) Price Prediction
Bitcoin price is showing stability, currently hovering around $94,999 with a negligible 24H change of +0.01%. Intriguingly, its 7-day volatility has dropped to a 563-day low, suggesting the market is entering a cooling-off phase.
The immediate resistance at $97,000 is being tested softly, while the psychological ceiling at $100k continues to loom large. If bulls gather momentum and push through, the next major target sits around $107,000. On the downside, BTC has strong support near $85,645, a level that held firm during previous dips.
Given its +14.30% monthly return, Bitcoin is showing resilience. But unless volume spikes substantially beyond the current $28.64B, any breakout attempt might be short-lived. We can expect a sideways trend between $92k–$97k before a clearer direction reveals itself.
Ethereum is currently changing hands at $1,810, showing a modest daily gain, however, the monthly loss stands at 1.54%. Trading volume is sliding, down 5.91% in the last 24 hours, adding pressure to a price already dwindling with support zones.
Immediate support lies around $1,700, with a deeper floor at $1,449 and $1,368. If Ethereum fails to defend these levels, the altcoin could spiral further. On the positive side, a reclaim of $1,861 could reignite short-term bullish sentiment. With a positive momentum, ETH could breach $2,000 and challenge the $2,111–$2,550 resistance band.
XRP is priced at $2.22, it’s one of the few major tokens posting a green monthly candle of +4.84%. The 23.45% spike in 24H volume hints at brewing volatility. If bulls can push XRP beyond $2.50, the path to the psychological milestone of $3.00 may open. But failure to do so might lead to another dip, with $2.20 acting as immediate support.
Why is Bitcoin price not moving much despite positive returns?
Bitcoin’s low volatility and stable price reflect a market in waiting, possibly for macroeconomic cues or a high-volume breakout.
What is Ethereum price today?
Ethereum is currently changing hands at $1810.57, with an intraday change of 0.32%.
Can XRP break $3 in May 2025?
While possible, XRP must first overcome the resistance at $2.50. Sustained volume and market-wide bullish momentum would be key drivers.
The post Bitcoin, Ethereum & XRP Price Prediction for May 2025 appeared first on Coinpedia Fintech News
With the crypto market cap nudging $2.97 trillion and the Fear & Greed Index stuck at a neutral 51, the industry appears to be in a holding pattern as May kicks off. While trading volume has seen a modest lift, the broader sentiment reflects uncertainty. That being said, the Altcoin Season remains on …
Solayer (LAYER) is under intense pressure after a sudden 45% crash wiped out weeks of bullish momentum. Once up 460% since February, the token trades below $1.70 as traders scramble to understand what triggered the collapse.
The altcoin lost nearly $350 million in market cap in this crash. With volatility rising and the long/short ratio now at 1.45, the market appears divided between those expecting a rebound and those bracing for further downside.
Solayer Loses Nearly $350 Million Market Cap – What’s Behind the Drop?
LAYER has plunged roughly 35% in just 24 hours, falling from nearly $3.10 to $1.90, leaving the community scrambling for answers. This sharp drop comes despite Solayer’s strong fundamentals—it’s the first hardware-accelerated blockchain designed to offload operations onto programmable chips, aiming for over 1 million TPS and 100 Gbps bandwidth.
The project also offers real-world utility through its Solayer Emerald Card, which allows users to spend USDC seamlessly via Visa, with support for Apple Pay and Google Pay.
From February 18 to May 5, LAYER surged 460%, making it one of the best-performing altcoins of the year—until the sudden crash disrupted momentum.
Right now, confusion reigns. Some blame market makers for triggering a cascade of liquidations, others accuse the founders of shady practices, while a few point to the daily 110,600 LAYER token unlocks.
However, those daily unlocks account for just $219,000 in value—hardly enough to justify a $250 million+ loss in market cap. What’s more concerning is the upcoming major unlock on May 11, when 26.5 million LAYER (worth about $51 million) will be released.
If market sentiment doesn’t recover before then, this influx of supply could intensify selling pressure and potentially push the price even lower.
LAYER Crash Deepens: $3.2 Million in Long Liquidations Fuel Panic
LAYER’s long/short ratio sat at 0.78 over the past 24 hours, with 56.14% of traders positioned short—reflecting rising bearish sentiment.
Around $3.2 million in long liquidations were triggered, more than double the $1.5 million in short liquidations. This forced selling likely accelerated the drop from $3.10 to $1.90, as liquidation cascades compounded the pressure.
Aggregated Long/Short Accounts Ratio AVG. Source: Coinalyze.
With the upcoming May 11 token unlock, the unwind of leveraged positions became a key driver of the crash.
While the long/short ratio has since flipped to 1.45—indicating that more traders are now positioning for a rebound—the lack of order book depth remains a concern. In such environments, price volatility can remain elevated regardless of whether sentiment shifts back to bullish.
Longs Pile In as LAYER Struggles Below $1.90
LAYER’s outlook remains highly uncertain as its price struggles to hold above $1.90 following a steep decline.
Traders and investors are still seeking clarity on the cause of the crash, while sentiment remains fragile ahead of the May 11 token unlock.
In this context, the current long/short ratio of 1.45 reveals an important shift—more traders are now betting on a rebound, with 59.2% of positions long versus 40.8% short.
This rising long bias may suggest that some believe the worst is over, especially after an aggressive selloff.
However, it also introduces new risk: if LAYER fails to recover and drops further, these newly opened long positions could be liquidated just like before—potentially setting off another wave of forced selling.