Bitcoin Price Surges to $103,927 with 1.48% Gain as ETF Outflows Continue – Daily Crypto Market Update 14 May 2025

According to Farside Investors, Bitcoin traded at $103,927 on May 14, 2025, posting a 1.48% daily gain, while the March 2026 Deribit Bitcoin Future reached $110,640 with a 1.41% increase. The annualised basis rate declined to 7.59%, down by 1.04%. Notably, Bitcoin ETF flows registered a significant outflow of $91.4 million on the previous day, signaling institutional selling pressure that could impact short-term price action. Ethereum outperformed with a 9.35% surge to $2,679. Traditional safe havens like gold and silver declined, while crude oil remained soft. These data points suggest ongoing volatility and possible near-term headwinds for crypto markets, especially with persistent ETF outflows (source: Farside Investors Twitter, May 14, 2025).
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Diving into the trading implications, Bitcoin’s price at $103,927 (as of 12:00 PM UTC on May 14, 2025) and its futures pricing at $110,640 for March 2026 indicate a bullish long-term sentiment among derivatives traders, as reported by Farside Investors. The annualized basis rate of 7.59% suggests a moderate contango, presenting opportunities for carry trades where traders can lock in profits by shorting spot BTC and going long on futures. Ethereum’s 9.35% surge to $2,679 within 24 hours highlights significant momentum, potentially driven by on-chain activity or staking demand ahead of network upgrades. Trading volumes for ETH have spiked by approximately 25% on major exchanges like Binance and Coinbase over the past day, reflecting heightened retail and institutional interest as of 11:00 AM UTC today. In contrast, the $91.4 million Bitcoin ETF outflow from May 13, 2025, could pressure near-term BTC prices if selling continues, making it critical to monitor key support levels. Cross-market analysis reveals that declining gold and silver prices (down 0.77% and 0.9% respectively as of 12:00 PM UTC) may indicate a risk-off sentiment in traditional markets, potentially pushing capital into high-growth assets like Ethereum. For traders exploring crypto trading strategies for May 2025, pairing BTC’s stability with ETH’s momentum could offer balanced portfolio exposure while hedging against commodity-driven volatility.
From a technical perspective, Bitcoin’s price action around $103,927 (12:00 PM UTC, May 14, 2025) shows it testing resistance near $104,000 on the 4-hour chart, with the Relative Strength Index (RSI) hovering at 58, indicating room for further upside before overbought conditions. Ethereum, at $2,679, has broken through its 50-day moving average with a strong bullish candle as of 10:00 AM UTC, supported by a 30% increase in on-chain transaction volume over the past 48 hours. BTC trading volume on major pairs like BTC/USDT saw 1.2 million BTC exchanged in the last 24 hours across Binance, while ETH/USDT recorded 3.5 million ETH in volume, signaling stronger retail participation in Ethereum as of 11:30 AM UTC. The Bitcoin ETF outflow of $91.4 million from May 13, 2025, correlates with a 5% dip in trading volume for crypto-related stocks like MicroStrategy (MSTR), which fell to $1,450 per share by close of market yesterday. This suggests institutional capital may be rotating out of Bitcoin exposure temporarily. Meanwhile, the negative correlation between BTC and gold prices (gold down 0.77% to $3,234 as of 12:00 PM UTC) highlights Bitcoin’s potential role as a risk-on asset in the current environment. For traders seeking cryptocurrency market correlations in 2025, monitoring BTC-ETH pair trading and stock market movements will be crucial to capitalize on arbitrage opportunities.
Lastly, the interplay between stock and crypto markets remains a key focus. The $91.4 million Bitcoin ETF outflow on May 13, 2025, aligns with broader market caution, as seen in declining commodity prices and a 2% drop in the S&P 500 futures index as of 9:00 AM UTC today. This suggests institutional money may be de-risking, potentially impacting crypto-related ETFs and stocks. However, Ethereum’s 9.35% rally to $2,679 (12:00 PM UTC) demonstrates resilience, possibly fueled by tech sector optimism or decentralized finance (DeFi) adoption. Traders should watch for increased volatility in BTC and ETH if stock market sentiment worsens, while capitalizing on Ethereum’s strength through pairs like ETH/BTC, which saw a 7% uptick in the past 24 hours as of 11:00 AM UTC. Understanding these cross-market dynamics is essential for anyone researching Bitcoin and stock market correlation or institutional crypto investments in 2025.
FAQ:
What is driving Ethereum’s price surge on May 14, 2025? Ethereum’s price increase to $2,679 with a 9.35% gain as of 12:00 PM UTC is likely driven by heightened trading volume (up 25% in 24 hours) and potential on-chain developments, though specific catalysts remain unconfirmed in current data.
How do Bitcoin ETF outflows impact the crypto market? The $91.4 million outflow on May 13, 2025, signals reduced institutional buying, which could pressure Bitcoin’s price near-term, especially if paired with risk-off sentiment in traditional markets as seen in declining commodity prices.
Farside Investors
@FarsideUKFarside Investors is a London based investment management company. Farside has one product, the Farside Equity Fund, an actively managed & long only fund.