Key Highlights
- Bitcoin traded near $80,500 while the total crypto market cap stood around $2.68 trillion.
- Ethereum slipped near $2,265 as ETH continued to underperform Bitcoin.
- Crypto stocks fell harder than spot Bitcoin, with miners MARA and CleanSpark down more than 10%.
Crypto Market Today
The crypto market traded defensively on Tuesday, May 12, after hotter U.S. inflation data pushed traders back into a cautious risk setup. Bitcoin held the $80,000 line, but Ethereum weakened below $2,300, altcoins turned mixed-to-red, and crypto-linked equities sold off harder than spot assets.
CoinMarketCap showed the total crypto market cap near $2.68 trillion, with 24-hour volume around $88.03 billion. Bitcoin dominance…
