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May 12 2026
The crypto market is in a state of high-tension consolidation as traders await the U.S. CPI (Consumer Price Index) report due later today.
Core Market Performance
Market sentiment is currently bracing for volatility, with Bitcoin holding its ground above the key $80,000 level.
Bitcoin (BTC): Trading at approximately $81,550. It is up slightly (+0.1%) in the last 24 hours, maintaining its breakout position.
Ethereum (ETH): Hovering around $2,337. ETH is showing a modest recovery but continues to lag behind Bitcoin’s monthly performance.
Solana (SOL): One of the week's strongest performers, surging over 15% in the last seven days to approach the $100 milestone, fueled by excitement over the Alpenglow mainnet upgrade.