$ETH Today, May 16, 2025, ETH trading against USDC shows a moderate correction: Ethereum decreased by 0.81%, while Bitcoin maintains positions above $103K. The total capitalization of the cryptocurrency market increased by 0.08% to $3.32 trillion, indicating cautious optimism among investors.

The transaction volumes of stablecoins on the Ethereum network reached a record $908 billion, highlighting its dominance among blockchains for dollar-denominated digital assets.

Binance has seen a decrease in ETH reserves by 300,000 coins over the past month, which may indicate a shift in sentiment among large players.

Overall, the market remains stable, and ETH/USDC is an attractive pair for traders seeking a balance between volatility and liquidity.