Binance Market Update: Crypto Market Trends | May 14, 2025

According to CoinMarketCap data, the global cryptocurrency market cap now stands at $3.37T up by 1.33% over the last day.

Bitcoin (BTC) traded between $102,811 and $104,976 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $103,335, up by 0.07%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include PEOPLE, 1000SATS, and ETHFI, up by 42%, 28%, and 26%, respectively.

Top stories of the day:

• U.S. House Committee Approves Trump Tax Cut Plan 

• Bitcoin's Correlation with U.S. Stocks Weakens, Enhancing Its Diversification Appeal 

• U.S. President Trump Announces Tariff Increase on Countries Imposing Tariffs on America 

• SEC Delays Decision on BlackRock Bitcoin Trust Redemption Mechanism 

• Thailand to Launch Investment-Grade Cryptocurrency 

• Retail Investors Show Renewed Interest in Bitcoin 

• Bitcoin Nears Record High Amid Low Trading Volumes

• U.S. Dollar Index Experiences Significant Drop 

• UBS Clients Shift Focus from Dollar to Gold and Cryptocurrencies 

• Federal Reserve's Goolsbee Highlights Lag in Inflation Data

Market movers:

ETH: $2608 (+5.13%)

XRP: $2.5935 (+2.07%)

BNB: $654 (+0.22%)

SOL: $179.22 (+3.40%)

DOGE: $0.23532 (+3.63%)

ADA: $0.811 (+1.58%)

TRX: $0.273 (+3.29%)

WBTC: $103314.27 (+0.09%)

TRUMP: $13.32 (+3.26%)

SUI: $3.9254 (-1.44%)