Binance Market Update: Crypto Market Trends | May 21, 2025

According to CoinMarketCap data, the global cryptocurrency market cap now stands at $3.36T, up by 1.23% over the last day.

Bitcoin (BTC) traded between $104,185 and $107,985 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $106,322, up by 0.95%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include SXT, COOKIE, and KAITO, up by 29%, 22%, and 15%, respectively.

Top stories of the day:

• Bitcoin Futures Open Interest Reaches Record $72 Billion Amid Institutional Demand 

• Global Financial Markets React to Japan's Bond Yield Surge 

• Standard Chartered: Rising Government Holdings in MSTR Signal Growing Structural Demand for Bitcoin  

• CME's XRP Futures Contracts See Strong Debut with $19 Million Trading Volume

• Blackstone Makes First Crypto Investment With $1M Bet on BlackRock's Bitcoin ETF

• Trump's Cryptocurrency Policies Await Progress Amid Upcoming Events

• Strive Plans Acquisition of Mt.Gox Claims to Boost Bitcoin Reserves

• SEC Delays Decision on Cryptocurrency Trust Fund Proposals

• New York City to Establish Digital Asset Advisory Board 

• April Core PCE Inflation Expected to Show Moderate Increase

Market movers:

ETH: $2525.71 (-0.12%)

XRP: $2.3449 (-0.12%)

BNB: $650.42 (+0.49%)

SOL: $167.86 (+0.21%)

DOGE: $0.22539 (+1.85%)

ADA: $0.7475 (+1.95%)

TRX: $0.27 (-1.10%)

TRUMP: $14.26 (+11.23%)

WBTC: $106231.03 (+0.98%)

SUI: $3.8214 (-0.80%)