Market Brief â May 12
đ Market Overview
1. BTC has broken through $105,000 and continues to show strong momentum, with short-term consolidation at high levels.
2. ETH remains stable above $2,500, sustaining its upward trend with low volatility.
3. Major cryptocurrencies are performing steadily. Altcoins are seeing broad gains, with some standout performers:
MOODENG: Up over 120% intraday
PI: Up over 60%
GOAT: Up over 42%
Macro Outlook
1. The U.S. April CPI data is set to be released on Tuesday, drawing market attention for its potential impact on monetary policy.
2. Thereâs an 82.7% probability that the Fed will hold interest rates steady in June, amid ongoing hawk-dove debate.
3. The U.S. and China have reached a key economic and trade consensus, with substantial progress in talksâboosting market confidence.
đ° Hot Topics
1. ETH's market cap has surpassed Coca-Cola, ranking 40th among global assets.
2. ETH Week 18 Return (2025) hits 37.01%, potentially setting a new record for highest weekly return.
3. Michael Saylor shares another BTC Tracker updateâinterpreted by the market as a signal of possible further BTC accumulation.
4. Tether partners with LayerZero to launch USDT an omnichain stablecoin now live on Hyperliquidâenabling native multi-chain minting with no bridging required.
đ Market Overview
1. BTC has broken through $105,000 and continues to show strong momentum, with short-term consolidation at high levels.
2. ETH remains stable above $2,500, sustaining its upward trend with low volatility.
3. Major cryptocurrencies are performing steadily. Altcoins are seeing broad gains, with some standout performers:
MOODENG: Up over 120% intraday
PI: Up over 60%
GOAT: Up over 42%
Macro Outlook
1. The U.S. April CPI data is set to be released on Tuesday, drawing market attention for its potential impact on monetary policy.
2. Thereâs an 82.7% probability that the Fed will hold interest rates steady in June, amid ongoing hawk-dove debate.
3. The U.S. and China have reached a key economic and trade consensus, with substantial progress in talksâboosting market confidence.
đ° Hot Topics
1. ETH's market cap has surpassed Coca-Cola, ranking 40th among global assets.
2. ETH Week 18 Return (2025) hits 37.01%, potentially setting a new record for highest weekly return.
3. Michael Saylor shares another BTC Tracker updateâinterpreted by the market as a signal of possible further BTC accumulation.
4. Tether partners with LayerZero to launch USDT an omnichain stablecoin now live on Hyperliquidâenabling native multi-chain minting with no bridging required.