As of today, Friday, May 16, 2025, focusing on the two main cryptocurrencies: Bitcoin $BTC and Ethereum $ETH

📈 Bitcoin BTC Price

In today's trading, Bitcoin has stabilized at around $103,990, recording a slight increase of 0.26% compared to yesterday. This stability comes after strong increases from levels of $78,000 to over $105,000 in recent weeks. Currently, the charts show a narrow triangle pattern with horizontal support at $100,800, indicating a state of anticipation in the market.

📉 Ethereum ETH Price

Ethereum is currently trading at $2,585, after facing strong resistance near the $2,710 level. The price is moving within a short-term downward channel, with dynamic support between $2,560 and $2,570, which aligns with the short-term moving averages.

Technical indicators suggest the possibility of continued correction if the price cannot maintain support at $2,500, which is considered a critical level at the moment.

📰 Top News

BTC and ETH options expire today: The value of options expiring today is approximately $3.2 billion, with "maximum pain" levels at $100,000 for Bitcoin and $2,200 for Ethereum, which could lead to price volatility. Bitcoin adoption in the restaurant sector: The Steak 'n Shake restaurant chain begins accepting Bitcoin as a payment method in all its branches across the United States starting today, boosting the use of digital currencies.