As of the morning of May 12, 2025, the cryptocurrency market began a new week mixed, with a sharp rise in Ethereum against the backdrop of moderate movements in Bitcoin's price and noticeable changes in commodity and stock indices. According to data from Farside Investors, the value of BTC rose by 0.98%, reaching $103,900, while ETH soared by 12.85% to $2,494. Such a significant rise in the altcoin stood out against the backdrop of the absence of new investments in Bitcoin ETF.
The Bitcoin futures contract expiring in March 2026 strengthened by 1.45%, reaching $110,719. The annual basis rate for these contracts decreased over the day from 8.27% to 7.46%, which may indicate a weakening of market optimism in the long term. Commodity assets showed mixed dynamics: gold fell by 1.39% to $3,275, while silver gained 1.32%, settling at $33.03. The price of oil increased by 2.31% and reached $61.66 per barrel.
In the stock market, the S&P 500 slightly declined by 0.07% to 5,660 points, while NASDAQ changed practically not at all, adding 0.01%. The Japanese TOPIX index rose by 0.33%. The volatility index VIX decreased by 2.58%, dropping to 21.9, reflecting a reduction in market uncertainty.
