Forecast for the cryptocurrency market in May: growth is expected for BTC, Ethereum, and XYZVerse
May is traditionally considered one of the most volatile months for the cryptocurrency market. This year, analysts and investors are particularly attentive to the dynamics of Bitcoin and Ethereum, the key cryptocurrencies for determining sentiment in the digital asset market. Against the backdrop of positive expectations, interest is growing in promising altcoins such as XYZVerse, which attracts attention due to the active development of its community and strategic partnerships. What factors could become growth drivers in May, and what to expect from major cryptocurrencies?
Price dynamics forecast for BTC and ETH in May According to analysts, the price of Bitcoin (BTC) in May is expected to range from $71,644 to $105,359, with an average price of around $84,287. Forecasts indicate a high likelihood of new local highs, especially in the case of further interest from institutional investors.
Earlier, Jeff Kendrick, head of the currency and digital asset research department at Standard Chartered (LON:STAN), predicted that Bitcoin would reach new historical highs in the second quarter of 2025, targeting around $120,000. Among the key factors, he noted the increasing demand from major players amid ongoing macroeconomic uncertainty.
As for Ethereum (ETH), experts expect its growth in May to levels of $1847–$2766. The average price of the month could be around $2300. Long-term forecasts are also positive: reaching the mark of $5925 looks realistic by the end of the year due to the expansion of DeFi applications and the development of the smart contract ecosystem.
Thus, if favorable market conditions persist, Bitcoin and Ethereum could demonstrate confident growth in the coming weeks. Against this background, investor interest is also increasing in promising altcoins, including the XYZVerse project.