Binance Market Update: Crypto Market Trends | May 16, 2025

According to CoinMarketCap data, the global cryptocurrency market cap now stands at $3.33T up by 1.20% over the last day

Bitcoin (BTC) traded between $101,383 and $104,466 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $103,720, up by 1.72%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include SYRUP, ACM, and VOXEL, up by 29%, 23%, and 17%, respectively.

Top stories of the day:

• U.S. Signs Landmark Agreements with UAE and Saudi Arabia Impacting AI Leadership

• Saudi Central Bank Reveals Indirect Bitcoin Investment Through Strategy Holdings

• Federal Reserve Considers Revising Employment and Inflation Strategies

• U.S. Weekly Jobless Claims Align with Expectations

• U.S. Retail Sales Show Slight Increase in April

• Bitcoin Predicted to Outperform Gold in Late 2025, Analysts Say 

• SEC Delays Decision on 21Shares Polkadot Spot ETF 

• Trump Predicts Positive Developments in the Coming Month 

• Cryptocurrency Startups Expected to Attract $18 Billion in Venture Capital by 2025  

• Mubadala Increases Holdings in BlackRock Bitcoin ETF Amid U.S.-UAE Crypto Policy Discussions

Market movers:

ETH: $2613.19 (+2.49%)

XRP: $2.4078 (-2.88%)

BNB: $654.04 (+0.48%)

SOL: $171.46 (-0.13%)

DOGE: $0.22687 (-0.16%)

ADA: $0.7769 (+0.10%)

TRX: $0.2735 (+1.26%)

WBTC: $103636.14 (+1.67%)

TRUMP: $12.93 (+1.49%)

SUI: $3.8807 (+3.37%)