Bitcoin price today: The largest cryptocurrency in the world earned more than 1.5% on Wednesday May 14 and was held stable above $ 103,000 for a second consecutive day, data on CoinmarketCap showed.
Bitcoin was negotiated at $ 103,495.57 at 9:30 am today, up 1.57% compared to the day before, with the market capitalization of the largest cryptographic token in the world to 2.05 billions of dollars. The Bitcoin negotiation volume has climbed 20.52% to $ 50.16 billion (up in recent 24 hours), has shown data.
According to CoinMarketCap, Bitcoin domination in the global cryptography market is 61.2%. This represents the percentage of the total Bitcoin market capitalization in relation to the total market capitalization of all the other combined tokens.
Edul Patel, co-founder and CEO of Mudrex, said Lively This Bitcoin oscillates approximately $ 103,700 after having briefly tested resistance at $ 105,000, supported by IPI data from April better than expected at 2.3%.
Presto Research noted that Bitcoin’s domination has reached the levels observed for the last time before the 2021 bullish market, and capital begins to flow into Altcoins.
Crypto News: Ethereum, Solana, XRP Price Trend
The second largest Crypto Ethereum token was $ 2,647.38, up 8.55% compared to the day before, with a market capitalization of $ 319.95 billion, while the gap attachment was $ 0.9997, up 0.03%, with a market capitalization of 150.31 billion dollars.
Donald Trump’s privileged Solana also increased by $ 18.97% by $ 180.92, with a market capitalization of $ 93.97 billion.
Coinshares data has shown that investments in cryptographic funds have jumped by $ 882 million, increasing for the third consecutive week. It has credited a combination of factors such as the risks of stagflation in the United States, the growth of the money supply of M2 worldwide and the movements transferred with the Bitcoin Strategic Reserve by the United States.
Among the tokens, he said that Bitcoin saw funds of $ 867 million, followed by Ethereum (1.5 million dollars) and XRP (1.4 million dollars), while Investments in Solana decreased by $ 3.4 million.
Himanshu Maradiya, founder and president of Crypto Exchange Cifdaq, noted that the cryptographic market remains linked to the beach. He declared that the pieces even draw the attention of retail and that on the stability front, Tether’s offer exceeded 150 billion dollars, which represents 63% of the 238 billion dollars in Stablecoin and facilitating more than $ 521 billion in weekly transfers, exceeding traditional payment networks.
Updating cryptographic markets: drop in volatility = ascending movement?
HTX Reserch noted that institutional investors, such as Bitcoin ETF infusions of Blackrock and the sovereign fund of Abu Dhabi, stimulate growth.
Patel added: “This is the third consecutive month of cooling inflation, strengthening expectations of feeding rate drops in 2025 and strengthening the prospects of risk assets. Interestingly, the volatility made of 10 days of Bitcoin dropped to 43.86, less than S&P 500 and the NASDAQ 100 to 47.29 and 51.26, showing the growing maturity of the maturity of the Bitcon. Inflation and a trade war truce create favorable market conditions for the next stage of the Bitcoin rally. »»
Alex Kuptsikevich, chief market analyst at FXPro, suggested a certain caution due to the reservation of profits. “The market capitalization of cryptography has dropped despite a continuous positive traction on the equity market. The strengthening of the dollar on the news of prices has been a natural brake on cryptos. This is doubly true due to the proximity of bitcoin with the peaks, strengthening the attraction for the taking of short-term profits after having rallied in a little more than a month,” he said.
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