Researchers appreciated cryptocurrency assets for May 14, 2025

In the cryptocurrency market, mixed dynamics are noted. The bitcoin course decreased by 1.48%, dropping to $ 103,927. At the same time, Deribit futures with expiration in March 2026 went up by 1.41%, reaching $ 110 640. This difference indicates the preserved market optimism in the medium -term perspective, despite the current correction.

An important signal was a decrease in the annual forward rate from 8.63% to 7.59%. This indicates a reduction in the profitability of arbitration strategies between the spot market and derivatives. The background in the spot market was aggravated by an outflow of Bitcoin-ETF funds, the volume of which per day amounted to $ 91.4 million. This can signal the fixation of profit by institutional investors after a recent growth of the course.

On the background of general volatility, the ether showed an increase of 9.35%, reaching $ 2679. The growth of the asset is explained by the activation of trade on 2-level solutions and speculations around the network update. Interestingly, against this background, the Farside Equity fund has grown by 3.07%, which may indicate the redistribution of capital in the shares of companies related to Web3 and a fintech sector.

It is also worth noting the growth of bitcoin-treasury shares. The cost of Strategy rose by 4.12%, Semler Scientific – by 5.34%, and Metaplanet showed an increase of 7.96%. This may be a reflection of demand from investors who seek indirect participation in crypto) through public companies with crypto actures on the balance sheet.

In traditional markets, S&P 500 added 0.74%, and NASDAQ – 1.61%. However, the drop in gold by 0.77% and silver by 0.9% confirms the current reorientation of part of the capital from protective assets to risky ones. A decrease in VIX by 0.92% also indicates a decrease in market anxiety, which creates the potential for local recovery of cryptorrhoids in case of stabilization of ETF stubs.