#GateSquareMayTradingShare Global Liquidity Tightening & Its Impact on Crypto Markets
INTRODUCTION — A GLOBAL FINANCIAL TRANSITION PHASE IS NOW ACTIVE
As of May 4, 2026, global financial markets are operating in a highly sensitive macro transition phase, where liquidity conditions, real yields, and geopolitical uncertainty are collectively shaping every major asset class.
Bitcoin is trading in the $78,500–$79,500 range, Ethereum is hovering around $2,340–$2,360, and the total crypto market capitalization remains near $2.62–$2.70 trillion, while Bitcoin dominance continues to rise to approxi