Latest news and developments in the world of cryptocurrencies May 15📊.

📉 Market decline amid weak inflation data

The market capitalization of cryptocurrencies has dropped to $3.27 trillion, down 2.55% in the last 24 hours.

Bitcoin (BTC) traded between $101,724 and **$104,357**, with a decrease of 1.33% to $101,961.

Alternative coins like XRP and Ethereum (ETH) also declined, affected by weak U.S. inflation data that diminished expectations for interest rate cuts in the near term.

🚀 NXPC token achieves an astonishing rise after being listed on Binance

Nexpace (NXPC) recorded a rise of 3,066.30% in 24 hours, reaching a price of $3.1663, making it the most searched and traded on Binance today.

NXPC has officially been listed on the Binance spot market, with multiple trading pairs available such as NXPC/USDT and NXPC/BNB.

🏦 Markets await the Federal Reserve Chair's speech

Jerome Powell, the Chair of the U.S. Federal Reserve, is scheduled to deliver an important speech tonight, amid widespread anticipation from global markets regarding his statements on monetary policy.

Binance

📊 Notable performance for BNB Chain and increase in trading volume

BNB Chain recorded its highest trading volume in 3 months, reaching $3.22 billion, indicating increased activity on the platform.

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