Binance Market Update:Crypto Market Trends/ May 18 2025
On May 18, 2025, the global #cryptocurreny cap reached $3.31 trillion, marking a 1.6% increase over the past day . Bitcoin $BTC traded between $102,640 and $104,088 in the last 24 hours, currently priced at $103,969, up by 1.06% . Ethereum and Binance Coin (BNB) also showed gains, with BNB surpassing the $650 mark .  
Market outperformers included $NEIRO ,PNUT, and ,FXS which saw increases of 39%, 27%, and 21% respectively . XRP maintained support at $2.30, trading at $2.39 . Dogecoin (DOGE) showed potential for a price surge amid increased buying interest .   
Institutional interest remains strong, with BlackRock CEO Larry Fink labeling Bitcoin as an international asset . Additionally, Michael Saylor is reportedly planning another significant Bitcoin purchase, contributing to bullish market sentiment .  
Regulatory developments include the UK’s plan to enforce new crypto reporting rules in 2026 and Texas’s pending Bitcoin Reserve Bill .