Binance Market Update: Crypto Market Trends | May 16, 2025

According to CoinMarketCap data, the global cryptocurrency market cap now stands at $3.33T up by 1.20% over the last day

Bitcoin ($BTC ) traded between $101,383 and $104,466 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $103,720, up by 1.72%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include SYRUP, ACM, and VOXEL, up by 29%, 23%, and 17%, respectively.

Top stories of the day:

U.S. Signs Landmark Agreements with UAE and Saudi Arabia Impacting AI Leadership

Saudi Central Bank Reveals Indirect Bitcoin Investment Through Strategy Holdings

Federal Reserve Considers Revising Employment and Inflation Strategies

U.S. Weekly Jobless Claims Align with Expectations

U.S. Retail Sales Show Slight Increase in April

Bitcoin Predicted to Outperform Gold in Late 2025, Analysts Say 

SEC Delays Decision on 21Shares Polkadot Spot ETF 

Trump Predicts Positive Developments in the Coming Month 

Cryptocurrency Startups Expected to Attract $18 Billion in Venture Capital by 2025  

Mubadala Increases Holdings in BlackRock Bitcoin ETF Amid U.S.-UAE Crypto Policy Discussions

Market movers:

$ETH : $2613.19 (+2.49%)

$XRP : $2.4078 (-2.88%)

BNB: $654.04 (+0.48%)

SOL: $171.46 (-0.13%)

DOGE: $0.22687 (-0.16%)

ADA: $0.7769 (+0.10%)

TRX: $0.2735 (+1.26%)

WBTC: $103636.14 (+1.67%)

TRUMP: $12.93 (+1.49%)

SUI: $3.8807 (+3.37%)

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