$BTC

📊 Cryptocurrency Market Update – May 12, 2025

The cryptocurrency market is experiencing a bullish trend today, with major coins showing positive momentum. Here's a snapshot of the current prices:

• Bitcoin (BTC): $104,451.00 USD

• Ethereum (ETH): $2,561.82 USD

• Binance Coin (BNB): $669.90 USD

• Cardano (ADA): $0.8301 USD

• XRP (XRP): $2.43 USD(Yahoo Finance, CoinDesk)

Key Highlights:

• Bitcoin (BTC): Bitcoin has surpassed the $105,000 mark, driven by positive developments in U.S.-China trade relations. (The Economic Times)

• Ethereum (ETH): Ethereum is trading above $2,500, with analysts suggesting potential for a bull run in 2025. (The Coin Republic)

• Pi Network (PI): The Pi Network token has surged by over 72% in less than 48 hours, entering the top 20 digital assets. (Bitcoin News)

• Moo Deng (MOODENG): MOODENG has emerged as the day's top gainer, with a 106.50% price increase. (CoinCodex)

Market Sentiment:

The overall market sentiment is optimistic, with a global market capitalization of approximately $3.35 trillion. Trading volumes have increased, indicating strong investor interest.