Crypto prices today, May 13, show a sharp downturn with Bitcoin trading just above $102K and Ethereum facing a 2% correction. The global crypto market cap dropped 1.6% to $3.92 trillion, led by losses in top altcoins like Solana, Dogecoin, and Cardano. While stablecoins like Tether and USDC held steady, speculative sentiment appears to be fading. Analysts caution that whale activity and macro pressures may continue to influence the price action in the coming days.
The crypto market today, as of 10.50 AM, took a bearish turn as overall capitalization fell to $3.92 trillion. Bitcoin slipped to $102,682, down 1.22%, and Ethereum lost 2.04% to trade at $2,460. Key altcoins like Solana and Dogecoin posted sharp drops of 3.09% and 7.69%. Stablecoins maintained price levels. Conversely, the broader market is reacting to investor profit-taking, reduced retail activity, and cautious macro sentiment.