As we navigate through 2025, the trajectory of stablecoins suggests they will continue to be the linchpin in the broader adoption of cryptocurrencies.

Stablecoins: The gateway to mainstream crypto in 2025 | Opinion

The Binance Coin is on the cusp of a major bullish breakout after forming a 
giant cup and handle pattern and continuing to outperform top competitors on 
key network metrics. Binance Coin (BNB) climbed to a high of $690 on…

BNB price nears breakout as it beats top rivals on key metrics

**Key points:**
 * Bitcoin fails to capitalize on lower-than-expected US CPI data, seeing a Wall Street sell-off for a second day.
 * Traders see BTC/USD buying time before its next move, and a trip below $100,000 is on the cards.
 * Bitcoin is showing &#8220;undeniable&#8221; momentum against gold and stocks, Binance&#8217;s Richard Teng says.
Bitcoin (BTC) saw a repeat sell-off at the May 13 Wall Street open as bears 
ignored positive US inflation data.
_BTC/USD 1-hour chart. Source: Cointelegraph/TradingView_
## 
BTC price stagnates after CPI inflation cools
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD again 
heading lower after failing to reclaim $104,000 as support.
The downside came despite the April print of the US Consumer Price Index (CPI) 
coming in below expectations in what should be good news for risk assets.
&#8220;The all items index rose 2.3 percent for the 12 months ending April, after 
rising 2.4 percent over the 12 months ending March,&#8221; an official release from 
the US Bureau of Labor Statistics (BLS) confirmed.
&gt; &#8220;The April change was the smallest 12-month increase in the all items index 
&gt; since February 2021.&#8221;
_US CPI 12-month % change. Source: BLS_
US stocks opened higher, with the S&amp;P 500 and Nasdaq Composite Index up 0.7% 
and 1.4%, respectively, at the time of writing.
Reacting, trading resource The Kobeissi Letter noted that the S&amp;P 500 had now 
delivered net upside year-to-date.
&#8220;The S&amp;P 500 has technically entered a new bull market, up 20% since April. We 
are seeing historic moves to both directions in both stocks and commodities,&#8221; 
it wrote in part of a thread on X.
_S &amp;P 500 1-day chart. Source: Cointelegraph/TradingView_
BTC/USD meanwhile surfed nearby order book liquidity around spot price. For 
popular trader Daan Crypto Trades, the stage was now being set for fresh 
volatility.
&#8220;That&#8217;s all the big clusters above and below taken out now. Good liquidity 
grab on both sides,&#8221; he summarized alongside data from monitoring resource 
CoinGlass.
&gt; &#8220;From here on out we&#8217;ll just have to wait and see as the market ranges a bit 
&gt; and figures out what it wants to do. No massive liquidity levels nearby so 
&gt; spot will have to be leading.&#8221;
_BTC liquidation heatmap (screenshot). Source: CoinGlass_
The day prior, Daan Crypto Trades had forecast a retest of $102,000 based on 
liquidity clusters, a move which subsequently played out.
&#8220;Bitcoin is stalling here for a little bit, which is completely fine,&#8221; crypto 
analyst and entrepreneur Michael van de Poppe continued.
&gt; &#8220;Even if it goes back to $97.5-98K, we&#8217;ll still be in an uptrend and 
&gt; building up for new ATHs.&#8221;
_BTC/USDT 6-hour chart with RSI data. Source: Micha el van de Poppe/X_
## Teng: Bitcoin momentum &#8220;undeniable&#8221;
Assessing the ongoing macro implications for BTC price action, trading firm 
QCP Capital considered the chances of the market trending sideways in the 
short term.
_**Related:**__**Bitcoin illiquid supply hits 14M BTC as hodlers set bull 
market record**_
&#8220;BTC remains caught in a tug-of-war between its identity as &#8216;digital gold&#8217; and 
its function as a risk-on proxy. This tension continues to obscure its 
directional conviction,&#8221; it wrote in its latest bulletin to Telegram channel 
subscribers on the day.
&gt; &#8220;As the macro narrative moves from protectionism toward renewed trade 
&gt; optimism, BTC could remain range-bound.&#8221;
Others remained strong in their conviction over the general market trajectory, 
including Richard Teng, CEO of crypto exchange Binance.
&#8220;While traditional markets recover, Bitcoin&#8217;s already leading the pack,&#8221; he 
told X followers while comparing returns since the April 2 &#8220;Liberation Day&#8221; 
enacted by US President Donald Trump as he unveiled reciprocal trade tariffs.
&gt; &#8220;With double-digit gains following key global events, BTC is reinforcing its 
&gt; position as a resilient alternative asset&#8211;outperforming gold, the S&amp;P 500, 
&gt; and the Nasdaq year-to-date. The momentum is undeniable.&#8221;
_Macro asset comparison. Source: Richard Teng/X_
This article does not contain investment advice or recommendations. Every 
investment and trading move involves risk, and readers should conduct their 
own research when making a decision.

Bitcoin shrugs off US CPI win as Binance CEO says BTC 'leading pack'

Tel Aviv-based crypto security firm inabit has partnered with Google Cloud for 
better crypto protection using Google’s Confidential Computing technology. The 
collaboration aims to prevent private key breaches and ensure secure 
cryptocurrency transactions, addressing rising threats from insider access 
and…

Exclusive: inabit and Google Cloud team up to strengthen crypto transaction security

Bonk is among the altcoins that saw a significant price dip early Tuesday as 
profit taking dented bulls’ momentum. The Bonk (BONK) crypto had jumped to 
highs of $0.0000256 as Bitcoin (BTC) broke to above $105k amid a U.S.-China 
trade…

Bonk crypto eyes bounce as bulls buy amid 12% dip

Markets rallied after the U.S. and China agreed to reduce tariffs, with crypto 
benefiting from a broader risk-on mood, with bitcoin and ether gaining 
momentum. Crypto Sentiment Lifts as U.S. and China Tariff Rollback Sparks 
Rally A surprise weekend breakthrough in U.S.-China trade relations has 
breathed new life into global markets, and crypto is no […]