Crypto Market Highlights

Sean FA
May 13, 2025
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Crypto Market Update

As of May 13, 2025, the cryptocurrency market is experiencing significant movements, with Bitcoin surpassing $100,000, Ethereum and XRP showing notable gains, and Tether’s USDT supply reaching unprecedented levels.

Bitcoin Surpasses $100,000 Amid Global Economic Optimism

Bitcoin (BTC) has surged past the $100,000 mark, reaching approximately $102,651. This rally is attributed to renewed investor confidence stemming from easing U.S.-China trade tensions and a favorable macroeconomic environment. The cryptocurrency had previously dipped to around $74,000 in April but rebounded following positive developments, including a U.S.-U.K. trade agreement and indications of potential monetary policy easing by the Federal Reserve .(Reuters)

Stock market information for Bitcoin (BTC)

  • Bitcoin is a crypto in the CRYPTO market.
  • The price is 102651.0 USD currently with a change of -2492.00 USD (-0.02%) from the previous close.
  • The intraday high is 105525.0 USD and the intraday low is 101065.0 USD.

Ethereum and XRP Exhibit Strong Performance

Ethereum (ETH) has experienced a significant uptick, with its price currently at $2,456.82. This represents a substantial gain over the past week, driven by increased investor interest and broader market optimism.(Cryptonews)

Stock market information for Ethereum (ETH)

  • Ethereum is a crypto in the CRYPTO market.
  • The price is 2456.82 USD currently with a change of -89.52 USD (-0.04%) from the previous close.
  • The intraday high is 2600.58 USD and the intraday low is 2425.28 USD.

Similarly, XRP has shown impressive growth, with its price reaching $2.50. The cryptocurrency’s open interest has also surpassed $5 billion, indicating heightened trading activity and investor engagement.

Stock market information for XRP (XRP)

  • XRP is a crypto in the CRYPTO market.
  • The price is 2.5 USD currently with a change of 0.08 USD (0.03%) from the previous close.
  • The intraday high is 2.62 USD and the intraday low is 2.4 USD.

Tether’s USDT Supply Exceeds $150 Billion

Tether’s USDT, the leading stablecoin by market capitalization, has seen its supply surpass $150 billion. This milestone underscores the growing demand for stablecoins as tools for liquidity and hedging within the cryptocurrency ecosystem. Tether’s expansion reflects its pivotal role in facilitating transactions and providing stability amid market volatility .(MarketWatch)

Stock market information for Polygon Bridged USDT (Polygon) (USDT)

  • Polygon Bridged USDT (Polygon) is a crypto in the CRYPTO market.
  • The price is 0.999927 USD currently with a change of -0.00 USD (-0.00%) from the previous close.
  • The intraday high is 1.0 USD and the intraday low is 0.999819 USD.

The current trends in the cryptocurrency market highlight a resurgence of investor confidence and increased institutional participation. As Bitcoin continues its upward trajectory and altcoins like Ethereum and XRP gain momentum, the market is poised for further developments in the coming weeks

Author Sean FA