*Binance Market Update: Crypto Trends on May 12, 2025*
The global cryptocurrency market cap stands at $3.35 trillion, with a 0.12% increase over the last 24 hours. Bitcoin (BTC) traded between $103,570 and $105,819, currently at $104,518 with a 0.20% gain.
*Market Movers:*
- Top gainers: WIF (47%), ACT (39%), and CATI (37%)
- Major cryptocurrencies trading higher
- Ethereum surpasses Alibaba in global asset rankings with a $304 billion market cap
*Key Stories:*
- Bitcoin leads $882M weekly inflows, with US ETFs reaching $62.9B
- PlanB predicts Bitcoin RSI surge, potentially pushing BTC to $400K
- Markets expect 56 basis point rate cut by December
- Binance CEO Richard Teng: Institutional adoption will solidify Bitcoin's role as digital gold
*Market Performance:*
- 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%↑)
The market sentiment is neutral, with potential for growth driven by economic events and data releases.
