Daily Market Report – May 14, 2025
The crypto market continued its bullish momentum, led by Ethereum’s 8.02% rally to $2,640.03, its highest close in over a month. Bitcoin (BTC) followed with a 1.34% gain to $103,593.00, trading between $101,429.70 and $104,976.26. Futures liquidations surged to $120.21 million, indicating an aggressive round of short liquidations and momentum-driven buying. The Fear & Greed Index rose to 74, pushing further into “Greed” territory as traders leaned into risk. Long/short ratios for both BTC and ETH remained nearly even, suggesting that while the rally has legs, traders are still managing downside exposure.
Total value locked (TVL) across all blockchains surged to $120.21 billion, underscoring rising DeFi activity and capital rotation into yield-bearing protocols. Among top performers, JELLYJELLY spiked 105.91%, PEOPLE climbed 52.32%, and NEIRO jumped 37.16%, reinforcing the altcoin breakout narrative. Meanwhile, newer meme and community tokens like LAUNCHCOIN, CMD, and GLONK attracted large inflows, with LAUNCHCOIN reaching a $190.2 million market cap in 24 hours. These types of rallies often mark the peak of early retail participation during risk-on phases.
Macro data contributed to the rally’s tone. The U.S. April Consumer Price Index (CPI) came in at 0.2% monthly and 2.3% annually, both slightly below expectations. While the miss was minor, it added weight to the view that inflation remains under control, reducing pressure on the Federal Reserve and opening more room for risk assets like crypto to breathe.
Regulatory developments also supported sentiment. Coinbase announced it will launch cbDOGE and cbADA, expanding its range of base-pegged tokens. At a policy level, the U.S. stablecoin bill gained bipartisan support and is moving quickly through the Senate, a potential step toward long-awaited regulatory clarity. Globally, Dubai’s Treasury began accepting crypto payments for public services, while UXLINKofficial proposed a new treasury structure involving BTC and native tokens, signaling continued experimentation in decentralized financial governance.
Michael Crag
