#CryptoCPIWatch
Market Overview
On May 13, 2025, the global cryptocurrency market saw a mix of sentiment as traders reacted to US CPI data and changing macro trends. Binance, the world's largest cryptocurrency exchange, experienced moderate trading volume, with key assets showing notable intraday volatility.
Bitcoin (BTC) is currently trading at $102,553, reflecting a decrease of 2.25% from the previous close. The intraday high reached $105,525, while the low fell to $101,065. Ethereum (ETH) is priced at $2,454.55, down 3.16%, with a high of $2,600.58 and a low of $2,425.28. Binance Coin (BNB) is at $648.90, experiencing a decrease of 1.58%, with an intraday high of $690.37 and a low of $642.24.
As of 02:17 AM UTC, Bitcoin on Binance fell below the important figure of $102,000, trading at 101,973.97 USDT, a decline of 1.4% in the last 24 hours. This drop follows a rejected attempt to reclaim resistance near $105,000 amid profit-taking ahead of US consumer price data.
Liquidations & Sentiment
The crypto market saw over $713 million in liquidations in 24 hours, with long positions bearing the largest losses amid the intraday decline. This surge in liquidations highlights increased trader leverage and the need for careful risk management in this volatile environment.
New Listings and Market Reactions
Binance announced the listing of Redacted (RDAC) on May 13, 2025. Such listings often lead to significant price movements as they attract increased trading activity and investor interest. FXStreet
Memecoin Surge: MOODENG
The memecoin MOODENG has experienced an extraordinary surge of 569.02% in just seven days, fueled by its association with a viral figure and speculation about its potential listing on the major Binance platform. This highlights the growing influence of social media and community-driven projects in the crypto market. The Cryptonomist
Upcoming Events
Investors are eagerly awaiting the release of the US Consumer Price Index (CPI) data for April.