🚀 Crypto Market Update – May 12, 2025

Bitcoin (BTC) has surged past $100,000, reaching an intraday high of $101,370—the highest level since early February 2025. This rally is attributed to improving market sentiment following April’s volatility due to trade tariffs and optimism surrounding a new U.S.-U.K. trade agreement.

Ethereum (ETH) has gained nearly 13%, trading around $1,822, following its successful Pectra upgrade, which aims to improve transaction speed and cost efficiency.

Altcoins like Solana (SOL), Dogecoin (DOGE), and Cardano (ADA) have each gained over 6%, indicating a potential shift towards an altcoin season.

Institutional Interest is on the rise, with inflows into spot bitcoin ETFs reaching $5.3 billion in the past three weeks.

Market Cap The global cryptocurrency market cap now stands at $3.34 trillion, up by 1.3% over the last day.

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