Binance Market Update (2025-05-12)

The global cryptocurrency market cap now stands at $3.33T, up by 1.09% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $103,570 and $105,819 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $104,518, up by 0.20%. Most major cryptocurrencies by market cap are trading higher. Market outperformers include WIF, ACT, and CATI, up by 47%, 39%, and 37%, respectively. Top stories of the day: U.S. Dollar Index Surges Past 101.5 Mark Ethereum News: Ethereum Surpasses Alibaba in Global Asset Rankings With $304B Market Cap DOJ Urges AML Bitcoin Scam Victims to Submit Claims by June 5 JPMorgan’s Bitcoin ETF Holdings Surge to $1.7 Billion, Signaling Institutional Confidence Goldman Sachs Predicts Decline in Short-Term U.S. Treasury Yields Despite Rising Term Premiums Binance CEO Richard Teng: Institutional Adoption Will Solidify Bitcoin’s Role as Digital Gold CryptoQuant CEO Predicts Rise of “Dark” Stablecoins Amid Censorship Concerns China–U.S. Trade Progress Boosts Global Risk Appetite, Says Danske Bank Analyst Bitcoin News: Bitcoin Eyes $110K Record as U.S.–China Trade Deal and CPI Outlook Fuel Bullish Momentum April U.S. CPI Data Could Boost Bitcoin, Says 10x Research El Salvador Increases Bitcoin Holdings Amid IMF Agreement Beat Holdings Ltd. Expands Investment in Bitcoin ETFs Current Funding Rates Indicate Neutral Market Sentiment Uniswap Protocol Surpasses $3 Trillion in Total Trading Volume USDT Market Cap Reaches Record High of $150 Billion Bhutan's Sovereign Wealth Fund Pursues Unique Strategy with Green Energy and Bitcoin Ethereum Liquidations Surpass Bitcoin in Recent Market Activity Hong Kong Regulator Approves Tokenized Securities Plans Upcoming Economic Events and Data Releases Next Week Ethereum's 40% Surge in Three Days Tops Social Media Trends Ethereum's Rise Signals Shift in Crypto Venture Capital Landscape Michael Saylor Shares Bitcoin Tracker Update U.S. Government's Cryptocurrency Holdings Reach $21.156 Billion Market movers: ETH: $2569.9 (+2.18%) XRP: $2.4297 (+2.48%) BNB: $669.36 (+1.67%) SOL: $176.78 (+1.38%) DOGE: $0.25051 (+7.06%) ADA: $0.8318 (+4.03%) TRX: $0.269 (+2.59%) TRUMP: $14.26 (+3.56%) WBTC: $104465.1 (+0.25%) SUI: $4.2032 (+5.52%) Top gainers on Binance: WIF/USDT (+47%) ACT/USDT (+39%) CATI/USDT (+37%)