#CryptoComeback
In May 2025, the cryptocurrency market witnesses a notable recovery, referred to as the "Crypto Comeback", after a period of decline and volatility.
🚀 Key indicators of the recovery:
• Bitcoin Surge: The price of Bitcoin surpassed the $100,000 mark on May 8, 2025, driven by positive economic developments, such as the trade agreement between the United States and the United Kingdom, which boosted investor confidence in the market.
• Ethereum Jump: Ethereum saw a 22% increase in one day, exceeding $2,200, after breaking through a significant technical resistance at $1,600, which rekindled momentum in the market.
• Improvement in Market Sentiment: The reduction of trade tensions and positive expectations regarding trade talks with China led to increased appetite for high-risk assets like Bitcoin.
📊 Factors Supporting the Recovery:
• Institutional Investment Flows: Exchange-Traded Funds (ETFs) experienced significant cash inflows, reflecting growing interest from major financial institutions.
• Technical Updates: Updates such as "Pectra" on the Ethereum network contributed to performance improvements and increased confidence in the cryptocurrency infrastructure. $BTC