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 dayBitcoin (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 LeadershipSaudi Central Bank Reveals Indirect Bitcoin Investment Through Strategy HoldingsFederal Reserve Considers Revising Employment and Inflation StrategiesU.S. Weekly Jobless Claims Align with ExpectationsU.S. Retail Sales Show Slight Increase in AprilBitcoin 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 DiscussionsMarket 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%)