#MarketPullback The cryptocurrency market is experiencing a pullback in early May 2025, with Bitcoin (BTC) trading around \$94,557, down from its recent peak near \$98,000. This decline is attributed to several factors, including rising U.S. Treasury yields, which have increased borrowing costs and pressured risk assets like cryptocurrencies . Additionally, global economic uncertainties, such as trade tensions and macroeconomic factors, have dampened investor sentiment . Despite the downturn, analysts note that only 24% of BTC's circulating supply is in unrealized loss, suggesting the market may be in an early-stage correction rather than a full-scale capitulation . Investors are advised to stay cautious and monitor market developments closely.