The cryptocurrency market on May 13, 2026, shows cautious optimism:


Major cryptocurrencies are trading steadily, volatility is near annual lows, and strong consumer price index (CPI) data has pushed key assets higher.

📉 Status of major cryptocurrencies:

- Bitcoin (BTC): Trading in the range of $79,500 – $81,000. During the day, the coin recovered above the $81,000 mark amid positive macro data. Bulls are defending the short-term support at $75,700 (128-day SMA). Significant resistance is formed in the convergence zone of the 200-day SMA and EMA at $82,000 – $82,500. A breakout of this zone will open the way to wave analysis targets around $83,132.
- Ethereum (ETH): Showing moderate recovery. The asset is aiming to complete a local correction. The nearest technical target for growth is at $2,462.
- Altcoins and Meme Tokens: BNB and DOGE have emerged as growth leaders among large assets after the release of US statistics. Trading volume of XRP on leading South Korean exchanges unexpectedly surpassed BTC and ETH figures.

📰 Key events and drivers of the day:

- Macroeconomics and Politics:
Traders are cautious ahead of important negotiations between Donald Trump and Xi Jinping.
The US Senate confirmed Kevin Warsh’s appointment to the Federal Reserve Board, seen as a step toward his possible appointment as Fed Chair.
- Institutional Adoption:
Financial giant Charles Schwab officially announced the launch of spot cryptocurrency trading for its retail clients in the US.
eToro platform confirmed its long-term commitment to the crypto sector, despite a temporary decline in trading activity in the first quarter of the year.
- RWA (Tokenization):
The tokenized treasury bond sector reached a record volume of $15 billion amid investor concerns about the Fed’s aggressive interest rate policy.
- Security:
Ethereum Foundation introduced an updated “Clear Signing” standard to protect users from hidden fraudulent transactions in Web3 wallets.
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin