May 4 Daily report: Dogecoin passes Tether’s market cap, Bitcoin price opens the door for altcoins, eBay exploring crypto payment options and NFT auctions, Defi resurgence lifts Maker, Aave, and Compound price to new highs and CME Group introduces micro Bitcoin futures

Range-bound Bitcoin price opens the door for altcoins to move higher Bitcoin remains pinned below $58,000 while Ethereum price soars to new highs and the number of ETH held on centralized exchanges falls. In the past 2 months, altcoins to move higher as a whole has seen its value increase 119% and flipped the 2017…