Crypto Market News – May 14, 2025
Headlines:
1. Bitcoin Steady at $103K Amid Market Calm
Bitcoin ($BTC ) is currently trading at $103,402, reflecting a slight dip of 0.0047% in the last 24 hours. Analysts suggest the coin is in a consolidation phase, with investors eyeing the $105K resistance level.
2. Ethereum Surges Following Pectra Upgrade
Ethereum ($ETH ) has risen by 2.6%, now priced at $2,587.07. The increase is largely attributed to the successful implementation of the Pectra upgrade, which improved staking features and overall network scalability.
3. $XRP Leads Altcoin Rally
XRP continues to rally, reaching $2.55, marking a 20% monthly gain. Experts believe rising investor confidence and legal clarity are fueling the momentum.
4. Pi Network Soars 92% Ahead of Major Announcement
Pi Coin has jumped 92%, now trading at $1.25. The surge comes ahead of an anticipated mainnet launch and potential Binance listing, with a major announcement expected at Consensus 2025.
5. Total Market Cap Hits $3.37 Trillion
The global crypto market cap has grown by 2.71%, crossing the $3.37 trillion mark, signaling strong altcoin performance and renewed investor interest.
