Bitcoin price continues to fall: where is it headed?

Bitcoin price continues to fall: where is it headed?

On Monday afternoon, May 12, 2025, the Bitcoin price was weak and fell by 1.17 percent to 102,759.66 US dollars. The day before, Bitcoin was trading at $103,977.03. This development is part of a larger trend in the crypto market. The price of Bitcoin Cash also fell by 0.20 percent to $407.19. Ethereum is somewhat more stable, but remains 0.45 percent weaker than the previous day at $2,497.35. However, there are bright spots with some altcoins.

Among the positive outliers is the Ripple price, which rose by 8.04 percent to $2.556. Cardano and Monero also recorded price gains of 1.36 percent to 0.8157 US dollars and 1.41 percent to 337.19 US dollars. Litecoin, on the other hand, remains stable with a slight increase of 0.17 percent to $100.08. Apart from these drivers, overall market development remains rather subdued finance.net reported.

Cryptocurrency trends in the market

The fluctuating prices of cryptocurrencies reveal the volatility of the market. Particularly noteworthy is the performance of the finanzen.net Top 10 Crypto ETP, which is quoted at 1.0 percent and has had a performance of 54.8 percent since its launch. In comparison, the Stellar price is also positive with an increase of 4.73 percent to 0.3205 US dollars. Dash and NEO are among the other winners, with gains of 0.43 percent and 2.92 percent, reaching $24.68 and $7,286, respectively.

Using Bitcoin remains complex for many users as the process of sending Bitcoin (BTC) varies depending on the wallet type and provider. Users must define the amount to be sent via the interface, be it a mobile app, desktop application, web browser or Bitcoin ATM. It is necessary that the recipient's wallet address is known. To ensure the amount is transferred correctly, users can scan QR codes or use an email address linked to the wallet address, such as coinmarketcap.com explained.

Additionally, users must ensure that their wallet addresses are publicly visible on the Bitcoin blockchain, while the private key associated with the wallet address should remain private. Typically, transfers from a hardware wallet like the Ledger Nano S require a desktop app, and users can often choose the level of transaction fees to influence confirmation times on the blockchain. This highlights the complexity and challenges associated with sending Bitcoin.