- Market Commentary: Over the past 24 hours, BTC initially surged to $76,638 before pulling back sharply, then continued fluctuating within the $75,700–$76,100 range, indicating that the market remains in a weak recovery phase following the recent rally and retracement. ETH, meanwhile, continued to decline from around $2,090, briefly touching a low of $2,074 before seeing a modest rebound, with overall momentum weaker than the previous upward move.
- Trending Tokens: ZEST, EDEN, and PROMPT emerged as the top-performing assets over the past 24 hours. ZEST skyrocketed more than 649% after being added to the Alpha listing of a major centralized exchange, reflecting intense speculative trading driven by the BTCFi narrative and low circulating supply dynamics. Meanwhile, EDEN and PROMPT benefited from continued momentum in the RWA and AI Agent narratives, attracting significant trading volume despite relatively thin liquidity conditions.
- Alpha Insights: Trump stated his support for CFTC oversight of prediction markets and pledged to maintain the U.S. as the “crypto capital of the world.” The probability of the Fed keeping rates unchanged in June has risen to 97.3%, with rate-cut expectations nearly disappearing. Meanwhile, OpenSea launched the Ethereum open standard ERC-8257, positioning it as an “App Store for AI Agent tools.”
Discover more details today → Gate Research: Crypto Market Remains in a Weak Recovery Phase, Fed June Rate Cut Expectations Near Zero
Gate Research is a comprehensive blockchain and cryptocurrency research platform that provides deep content for readers, including technical analysis, market insights, industry research, trend forecasting, and macroeconomic policy analysis.
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Gate Team
May 27, 2026
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