The cryptocurrency markets witnessed a noticeable divergence in performance today, Friday, May 16, 2025, as Bitcoin rebounded after a wave of declines that hit global financial markets, including cryptocurrencies.
The markets are under global pressure.
These developments come amid the continued violent sell-off sweeping various financial assets, from stocks and bonds to gold, oil, and the dollar, which has directly reflected on the cryptocurrency markets, which recorded significant losses over the past few hours.