🌍 Market Update | May 13, 2025 – Crypto & Economic Insights
1. CPI Data Incoming (USA)
Investors are closely watching today’s upcoming CPI inflation report from the U.S. (14:30 CET). Any surprises could shake up expectations for Fed rate cuts – and that means volatility ahead for crypto.
2. Temporary Trade Deal: US–China
Yesterday’s announcement of a 90-day tariff pause between the U.S. and China initially fueled a market rally. Bitcoin briefly surged above $105K – but quickly retraced below $102K. Classic case of buy the rumor, sell the news.
3. Heavy Crypto Selloff This Morning
Today’s early hours saw sharp sell pressure across the market:
BTC dropped from $62.5K to ~$58.2K
ETH fell from $2,950 to $2,780
Whales likely locking in profits + liquidation cascade hit the altcoin sector hard.
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📊 Current Market Snapshot
Bitcoin (BTC): $102,357 (-1.5%)
Ethereum (ETH): $2,448 (-2.2%)
Dogecoin (DOGE): -7.7%
Cardano (ADA): -7%
XRP: +4.1%
Total Market Cap: $3.28T (-1.7%)
The Fear & Greed Index remains at 70 – investors are still greedy, despite recent dips.
