Key takeaways
- Bitcoin surged past $105,000, marking its highest level since January.
- Ethereum climbed over 44% month-to-date, fueled by the successful Petra network upgrade.
- Global equities surged amid positive developments in U.S.-China trade talks, with major indices posting gains.
- Oil prices increased as easing trade tensions suggested improved global demand prospects.
- Gold declined as investors shifted focus to riskier assets amid a risk-on sentiment.
Global markets experienced a significant uplift on Monday, May 12, 2025, following reports of substantial progress in trade negotiations between the United States and China. The positive developments alleviated concerns over global economic slowdown, prompting investors to re-enter riskier assets.
Major equity indices across the U.S., Europe, and Asia posted gains, reflecting renewed confidence in the global economic outlook.
Crypto Market: Bitcoin Surpasses $105K; Ethereum Continues Upward Trajectory
Bitcoin (BTC) broke through the $105,000 mark, reaching its highest point since January 31. The surge is attributed to increased investor confidence and a general risk-on sentiment in the markets.
Ethereum (ETH) has experienced a remarkable 44% increase since the beginning of May, trading around $2,604. The rally follows the successful implementation of the Petra upgrade, which enhanced network efficiency and scalability.
Among altcoins, Solana (SOL) edged higher to $175.03, reflecting resilience after recent pullbacks in the broader altcoin space.
XRP traded near $2.39, with analysts suggesting potential for further gains amid bullish market sentiment
Additionally, SUI surged to approximately $4.12, maintaining bullish momentum driven by positive market indicators.
Indices surge Amid Trade Optimism
Global Indices responded positively to the encouraging news from U.S.-China trade discussions. Investors welcomed the potential for reduced trade barriers and improved economic cooperation between the two largest economies.
- S&P 500: 5,659.91 (+0.07%)
- Dow Jones Industrial Average: 41,249.38 (+0.29%)
- Nasdaq Composite: 17,928.92 (+0.00%)
- FTSE 100: 8,581.53 (+0.58%)
- Nikkei 225: 37,554.32 (+0.14%)
- Euronext 100: 1,556.81 (+0.55%)
Commodities: Oil Prices Rise; Gold Declines
Oil prices advanced as the easing of trade tensions between the U.S. and China suggested a potential increase in global demand. Brent crude rose by 27 cents to $64.18 per barrel, while WTI crude climbed 28 cents to $61.30 per barrel.
However, Gold prices declined by 1.4%, settling at $3,279.59 per ounce, as investors shifted focus to riskier assets amid the improved market sentiment.
Corporate Stocks: Tech Sector Sees Mixed Results
In the corporate sector, Apple Inc. (AAPL) closed at $198.53, reflecting a slight increase amid ongoing investor interest, while Nvidia Corporation (NVDA) experienced a minor decline, closing at $116.39 as investors await its next earnings report.
Tesla Inc. (TSLA) rose to $297.75, Meta Platforms (META) edged up to $592.49, and Amazon.com Inc. (AMZN) climbed to $192.50, supported by a 17% year-over-year increase in AWS revenue to $29.3 billion and continued momentum in its e-commerce segment.
Market Wrap-Up
Investor confidence surged on May 12, 2025, fueled by positive U.S.-China trade negotiation developments. This optimism spurred gains in equities, cryptocurrencies, and oil, contrasting with declines in safe-haven assets like gold.
The prevailing risk-on sentiment could continue in the short term as markets closely watch trade talks progress and upcoming economic data.
Related articles: Bitcoin Overtakes Amazon as Fifth-Largest Global Asset at $2.06T Market Cap
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