Binance Market Update – May 21, 2025

The global cryptocurrency market cap has seen a slight increase of 1.34% in the past day, currently standing at $3.36 trillion. Bitcoin (BTC) traded within a range of $104,185 to $107,985 over the last 24 hours and is currently trading at $106,322, up by 0.95%. The market saw mixed performance with the top cryptocurrencies; SXT, COOKIE, and KAITO are outperforming the rest with gains of 29%, 22%, and 15% respectively. Top market movers today include Bitcoin Futures Open Interest reaching a record $72 billion driven by institutional investment demands and news concerning rising government holdings in MSTR signaling a growing structural demand for Bitcoin.