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Binance Market Update: Crypto Market Trends | May 20, 2025 According to CoinMarketCap data, the global cryptocurrency market cap is now at $3.32T, up 2.08% over the last day. Bitcoin (BTC) traded between $102,126 and $106,853 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $105,317, up by 2.01%. Most major cryptocurrencies by market cap are trading higher. Market outperformers include WCT, AAVE, and MASK, up by 22%, 20%, and 19%, respectively. Top stories of the day: JPMorgan CEO Jamie Dimon Allows Bitcoin Purchases Without Custody Services Analyst Predicts Bitcoin Surge with S&P 500 Growth Texas Bitcoin Reserve Bill Advances to Second Reading in House Global Contract Trading Volume Reaches $305.47 Billion Powell Reiterates Concerns Over U.S. Fiscal Path Amid Debt Challenges Bank of Japan's Bond Holdings Reach Record High Economic Uncertainty Persists Amid Tariff Concerns, Says Fed's Kashkari Bitcoin Poised for Significant Growth in 2025, Says 21Shares Bitcoin Market Shows No Signs of Overheating, Analyst Says SEC Delays Review of VanEck Spot Solana ETF Market movers: ETH: $2528.69 (+5.00%) XRP: $2.3476 (+1.44%) BNB: $647.24 (+1.10%) SOL: $167.49 (+3.25%) DOGE: $0.2213 (+1.81%) ADA: $0.7332 (+1.28%) TRX: $0.273 (+3.92%) WBTC: $105197.48 (+2.00%) TRUMP: $12.82 (+1.99%) SUI: $3.8523 (+4.56%) #ETH #XRP’ #bnb #sol #DOGE
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Hey everyone, just a heads-up – this might not be available in your region. Binance Wallet just launched a new Merlin (MERL) Trading Competition on Binance Alpha, and it's live now! If you’re eligible to trade Alpha tokens, you’re good to go. Here’s the deal: Promo Period: May 20, 2025 @ 09:00 UTC – June 3, 2025 @ 09:00 UTC How it works: Just trade MERL through your Binance Wallet (Keyless) or Binance Alpha during the promo period. The top 10,000 users based on total purchase volume will split 9,840,000 MERL tokens. That’s 984 MERL each if you make it in the top 10k. Important stuff to know: Only trades on Binance Wallet or Alpha count (no 3rd-party dApps). Only your buy volume matters – selling doesn’t count. No volume cap – trade as much as you want. Bridging tokens doesn’t count toward this promo. Rewards drop by June 17, 2025, and you’ll see them in your Binance Alpha account. How to join: Make sure your Binance App is updated. Create + back up your Binance Wallet (Keyless) if you haven’t already. Start trading MERL during the promo window. Sit back – rankings and rewards are handled automatically. Some extra fine print: You’ve gotta pass KYC and be from a supported region. If you delete/deactivate your wallet, you don’t get rewards. Any shady behavior (wash trading, botting, etc.) gets you disqualified. Binance can change or cancel the promo at any time, no notice needed. Disclaimer: Crypto’s risky – especially Alpha assets. Prices can swing hard, and you might lose some or all of your investment. Always do your own research, and don’t treat this as financial advice.
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