KEEP YOUR EYES
As of May 16, 2025, the cryptocurrency market is experiencing a slight downturn, with the global market capitalization at approximately $3.31 trillion, reflecting a 0.68% decrease over the past 24 hours. The total trading volume in the last 24 hours stands at $130.39 billion, marking a 0.09% increase. Bitcoin's dominance has risen to 62.15%, up by 0.55% from the previous day .
Analysts suggest that Bitcoin may be forming a pattern similar to the 2021 double top, indicating potential resistance near its previous highs . Meanwhile, Ethereum and other altcoins are showing mixed performance, with some analysts predicting a potential altcoin season in June .$BTC
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