Bitcoin stayed above $80,000 on Monday, but trading interest shifted to smaller tokens. OSMO jumped 104.3%, BUILDon rose 33%, and TROLL gained 27% as altcoin activity accelerated across the market.
On May 12, global crypto market cap stayed at $2.8T, BTC down 0.44% to $81,012, ETH down 2%. Gitcoin and BUILDon jumped 79% and 55% respectively. Consensys urged SEC safe harbor for MetaMask, FTX continues liquidation, Ord.io and Zap announce shutdown.
Altcoins lead today as BUILDon, Humanity, Venice Token, Cronos, and Midnight rally on breakout technicals, mainnet launch, robotics partnership, UAE license, and wallet upgrade.
BUILDon surged 21% in 24 hours as funding rates climbed to 0.1553% and holder count hit a yearly high. Still, open interest fell 18% to $80 million, while RSI reached 87, suggesting the rally may be losing support from broader liquidity.
