THE CRYPTO MARKET UPDATE.
As of May 18, 2025, the global cryptocurrency market cap has risen to $3.31 trillion, marking a 1.3% increase over the past day, according to CoinMarketCap data. Bitcoin (BTC) is trading at $103,969, up by 1.06%, while Binance Coin (BNB) is priced at $645.49, reflecting a 0.00531% increase.
Market sentiment shows cautious optimism, with funding rates hovering around the neutral 0.01% mark. Notably, altcoins such as NEIRO, PNUT, and FXS have outperformed, recording gains of 39%, 27%, and 21%, respectively.
Bitcoin's market dominance is expected to stabilize between 60% and 70% amid economic uncertainties, suggesting resilience in the face of volatility. Meanwhile, Ethereum (ETH) has surpassed the $2,500 mark, trading at $2,503.99 with a 0.38% increase.
Overall, the crypto market exhibits steady growth, with major cryptocurrencies showing modest gains and select altcoins leading in performance.