Crypto Price Today (May 12, 2025): Bitcoin Briefly Touches $106K, ETH Rally Halts at $2,500; Pi Coin Tops Daily Gainers

The crypto market shows continued bullish momentum today, with Bitcoin reaching as high as $105,606 before witnessing a push back to the $103K range. 

Ahead of the weekly opening in U.S. stock markets, the overall bullish momentum is sustained today with various analyses expecting newer highs in leading crypto assets. 

In a quick spike earlier today, supported by positive U.S.- China trade news, Bitcoin price reflected a strong market optimism, with it hitting as high as $106K on leading crypto exchanges. The move was also followed by significant exchange withdrawals, signaling investor confidence in long-term holding. 

Ethereum, which is continually surging since the past 4 days, had a halt in the $2,500 range, although it briefly touched $2,600 in multiple breakout attempts. Currently trading at approximately $2,549, ETH surged as high as $2,609, driven largely by whale activity and market enthusiasm. 

XRP has surged by 8% today while other leading altcoins—including BNB, DOGE and ADA—have surged over 4% in the past 24 hours. Meanwhile, SOL has settled with a decent gain of only 0.59% in the same timeframe. 

Among top gainers, Pi Coin is leading the chart, with it surging over 33% in 24 hours, followed by WIF, KAS and FLOKI. On the losing side, DEXE is the top loser with its price down nearly 6% today. 

Trending Crypto Today

• PI (Pi Coin)
• BTC (Bitcoin)
• PEPE (Pepe)
• WIF (Dogwifhat)
• MOODENG (Moodeng)

Today’s Top Gainers

• PI (Pi Coin): +33%
• KAS (Kaspa): +32%
• FLOKI (Floki): +17%
• FORM (Four): +13%
• PEPE (Pepe): +8%

Today’s Top Losers

• DEXE (DeXe): -6%
• BRETT (Brett): -3%
• XAUt (Tether Gold): -2%
• PAXG (Pax Gold): -2%
• ENA (Ethena): -2%

As per CoinMarketCap data , the global crypto market cap today sits at $3.36 trillion with a 24 hour trading volume of $147.85 billion.