Binance Market Update: Crypto Market Trends | May 13, 2025

According to CoinMarketCap data, the global cryptocurrency market cap now stands at $3.32T,  down by 1.21% over the last day.

Bitcoin (BTC) traded between $100,718 and $104,630 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $103,265, down by 1.20%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include NEIRO, FUN, and 1000CHEEMS, up by 35%, 21%, and 13%, respectively.

Top stories of the day:

• SEC Chair Considers Comprehensive Reform of Cryptocurrency Broker Rules 

• Federal Reserve's June Rate Decision: Stability Likely 

• Dubai Finance Department to Accept Cryptocurrency for Government Fees 

• U.S. Dollar May Strengthen if April Core Inflation Remains Steady

• U.S. Federal Government Reports Record Budget Surplus in April

• S&P 500 Surpasses 200-Day Moving Average for First Time Since March

• Potential Fed Rate Cut Linked to Tariff Reductions

• Goldman Sachs Raises S&P 500 Year-End Target for 2025

• BlackRock Seeks Approval for Physical Redemption in Ethereum Fund

• Metaplanet Increases Bitcoin Holdings Significantly in 2025

Market movers:

ETH: $2480.69 (-3.47%)

XRP: $2.541 (+4.59%)

BNB: $652.59 (-2.51%)

SOL: $173.32 (-1.96%)

DOGE: $0.22708 (-9.35%)

ADA: $0.7984 (-4.02%)

TRX: $0.2642 (-1.78%)

WBTC: $103203.76 (-1.16%)

TRUMP: $12.91 (-9.47%)

SUI: $3.9824 (-5.25%)