Binance Market Update: Crypto Market Trends | May 12, 2025

According to CoinMarketCap data, the global cryptocurrency market cap now stands at $3.35T,  up by 0.12% over the last day.

Bitcoin (BTC) traded between $103,570 and $105,819 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $104,518, up by 0.20%.

Most major cryptocurrencies by market cap are trading higher. Market outperformers include WIF, ACT, and CATI, up by 47%, 39%, and 37%, respectively.

Top stories of the day:

Digital Asset Fund Flows: Bitcoin Leads $882M Weekly Inflows as US ETFs Hit $62.9B Record 

PlanB Predicts Bitcoin RSI Surge, Suggests 40% Monthly Gains Could Push BTC to $400K 

Markets Now Expect Fed to Cut Rates by 56 Basis Points by December

Ethereum Surpasses Alibaba in Global Asset Rankings With $304B Market Cap

Binance CEO Richard Teng: Institutional Adoption Will Solidify Bitcoin’s Role as Digital Gold

Bitcoin Eyes $110K Record as U.S.–China Trade Deal and CPI Outlook Fuel Bullish Momentum

Current Funding Rates Indicate Neutral Market Sentiment

Uniswap Protocol Surpasses $3 Trillion in Total Trading Volume

Upcoming Economic Events and Data Releases Next Week

Market movers:

ETH: $2569.9 (+2.18%)

XRP: $2.4297 (+2.48%)

BNB: $669.36 (+1.67%)

SOL: $176.78 (+1.38%)

DOGE: $0.25051 (+7.06%)

ADA: $0.8318 (+4.03%)

TRX: $0.269 (+2.59%)

TRUMP: $14.26 (+3.56%)

WBTC: $104465.1 (+0.25%)

SUI: $4.2032 (+5.52%)