KAITO up +15.63%, BTC -1.40%, XRP is The Coin of The Day - Daily Market Update for May 13, 2025

By: coincodex|2025/05/13 14:15:05

Key highlights: The total cryptocurrency market cap decreased from $ 3.38T to $ 3.31T in the past 24 hours, representing a -2.02% change The Bitcoin price at press time is $ 102,474 after falling by -1.40% in the last 24 hours The total crypto trading volume decreased by -2.02% in the past 24 hours, and is currently at $ 545.13B All prices and changes are presented at the time of publication: May 13, 2025, at 06:00 UTC Market Overview The total cryptocurrency market cap is currently $ 3.31T after a -2.02% decrease on the day. The total crypto trading volume declined by -2.02% in the same time frame. Bitcoin is trading at $ 102,474 after seeing a -1.40% loss in the last 24 hours. The Bitcoin dominance grew by 0.08% and BTC currently represents 61.54% of the cryptocurrency market. Top Coins By Market Cap At press time, Bitcoin has a market capitalization of $ 2.04T after losing -1.40% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by null% and reach null by May 13, 2025. To learn more about how the price of Bitcoin could change over the next 7 days, visit our Bitcoin price prediction page . Ethereum , which is the second-largest cryptocurrency by market cap, is priced at $ 2,449.82 and has a market capitalization of $ 295.77B. ETH decreased by -1.91% in the last 24 hours. If you're interested in where the price of Ethereum could head next, check out the Ethereum price prediction . Bears Dominate the Market Today The bears dominated the market today as 71% of coins lost value in the last 24 hours. Today's Top Gainers are KAITO, Kusama, and Cheems Token Thanks to a 15.63% price increase, KAITO was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Kusama came in second place, with 24-hour gains of 11.20% . Cheems Token , Aethir and UNUS SED LEO complete today's list of the top cryptocurrency gainers. Today's Top Losers are Pi Network, cat in a dogs world, and SPX6900 Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Pi Network , which saw a loss of -17.92% . cat in a dogs world also didn't perform well, as its price declined by -10.81% in the last 24 hours. SPX6900 , Ethena and ai16z round out today's top 5 worst performers. Coin of the Day is XRP Thanks to its impressive 4.04% performance, XRP is today's coin of the day! XRP is currently trading at $ 2.48. Learn more about XRP and its position in the market on our XRP price prediction page. Our technical indicators show that the current XRP sentiment is Bullish . Buy/Sell XRP

The trusted AI prediction ecosystem Manadia, which has secured $7 million in funding from well-known institutions like OKX, will globally launch in June. The core token UMXM has already been listed on multiple mainstream platforms, inviting you to seize the new blue ocean of the trillion-level predi...

Who is footing the bill for the $64 billion accounting frenzy?

Affected by Bitcoin falling below $60,000, publicly listed companies heavily invested in this asset are facing huge paper losses and valuation discounts, and their debt structure and accounting standards may trigger structural liquidity risks in the future.

I never expected that the first application of AI x Crypto would be in security auditing

AI has accelerated attack efficiency and also promoted the upgrade of defense systems. The security audit sector is undergoing a transition from a dividend model to a competitive model.

What is your view on Binance's competitive advantages?

When the dividends of rule arbitrage gradually approach zero, can we produce product strength, governance capability, and trust that are commensurate with its scale?

ETH has entered a non-consensus phase, and the turning point is approaching!

This has nothing to do with the Ethereum Foundation or Ethlabs; Ethereum needs to win by solving real problems.

The shift in the cloud of the air: from despising stablecoins a year ago to the high-profile entry of capital today

It can continue to question the cost-effectiveness of stablecoins in the G10 currency corridor, but it cannot ignore the structural opportunities of stablecoins in emerging markets, corporate finance, and on-chain settlements.

The survival dilemma of small and medium exchanges behind the withdrawal anomalies exposed by AscendEX

The living space is constantly being compressed.

Why Is Bitcoin Falling Below $60K? 5 Key Market Drivers Explained

Bitcoin has dropped sharply amid ETF outflows, Strategy stock weakness, AI stock rallies, and changing Fed expectations. Explore the key forces driving BTC’s latest correction and what traders should watch next.

Bitcoin vs. Gold in 2026: Which Asset Performs Better in Different Markets?

Bitcoin vs. gold in 2026: Why are both assets falling, and what does their changing correlation mean? Discover what drives Bitcoin and gold prices and how traders can navigate different market conditions.

Morning News | The draft amendment to the People's Bank of China Law aims to clarify the legal status of digital renminbi; South Korea will transfer about 40 unregistered virtual asset service providers to law enforcement agencies

Overview of Important Market Events on June 24

The cryptocurrency industry has entered the "Show Me" era: merely relying on vision is no longer enough

The awareness level of the audience in the cryptocurrency industry—including media, institutions, and retail investors—is steadily increasing, and this trend has become a foregone conclusion.

Interpreting the Ethereum Foundation's new structure: Reaffirming self-sovereignty amid institutional trends

The Ethereum Foundation has announced a new five-layer working framework, clarifying the focus of future development and reaffirming its commitment to decentralized core values amidst the wave of institutionalization.

Former SpaceX engineer reconstructs the financial execution system using first principles

Plan Execution Lab completes angel round financing for Singapore family office, with a valuation of 50 million USD.

Standard Chartered Bank sings a 50x rhapsody again, aiming for AAVE to reach 3500 USD

The throne of DeFi lending still exists, but the foundation beneath the throne needs to undergo a reconstruction or reinforcement.

Tidal Investment: We still have a positive outlook on the AI industry chain, but the reasons have changed

The intense financing by tech giants has triggered a panic of "AI peak," but the soaring capital expenditures of the five major cloud vendors and the bottlenecks in physical infrastructure indicate that the AI investment cycle is far from over; the second half of this grand performance has just begu...

Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion

Overview of Important Market Events on June 25

From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework

Why do cryptocurrency projects always like to change their names?

In many cases, the old names of encryption projects have no competitive advantage, only historical baggage.

Global Launch: As predictions become the most scarce asset in the AI era, Manadia is defining the next generation of the value internet

Who is footing the bill for the $64 billion accounting frenzy?

I never expected that the first application of AI x Crypto would be in security auditing

AI has accelerated attack efficiency and also promoted the upgrade of defense systems. The security audit sector is undergoing a transition from a dividend model to a competitive model.