#CryptoComeback

Cryptocurrencies rose significantly on May 9, 2025, due to several key factors:

1. **Improvement in the global investment climate** following the announcement of a trade agreement between the United States and the United Kingdom, which boosted confidence in the markets and pushed investors towards high-risk assets like cryptocurrencies.

2. **Stabilization of interest rates by the U.S. Federal Reserve**, which encouraged a shift towards unconventional investments like Bitcoin at $57,491,175,569 as a hedge against inflation, especially amidst concerns of stagflation.

3. **Technical factors and bullish forecasts**, such as the impending "halving" event for Bitcoin, and analytical signals indicating a test of new resistance levels, such as $109,000.

4. **Increased institutional demand** with hedge funds and major institutions entering the market, along with regulatory reforms such as a settlement for Ripple ($27,900,530,937) that enhanced legal stability.

5. **Strong performance of leading cryptocurrencies**, with Bitcoin surging to around $103,000 (+6.24%), and Ethereum rising by over 16% supported by updates to its network, along with a collective rise of altcoins like Solana and Cardano.

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These combined factors created an optimistic environment that supported the record rise in the market capitalization of cryptocurrencies, which exceeded $3.2 trillion.