#CryptoComeback
The tag #CryptoComeback refers to "The Return of Cryptocurrencies" — meaning the recovery of the cryptocurrency market after a period of decline or recession.
In May 2025, the market is indeed witnessing a significant recovery, as evidenced by:
1. Bitcoin:
Its price has surpassed $100,000 for the first time since February, currently trading at approximately $102,961.
This rise is attributed to an improved overall sentiment in the markets, and expectations of more supportive regulatory measures for cryptocurrencies, especially after Trump's victory in the U.S. presidency.
2. Other cryptocurrencies (Altcoins) are also recovering:
Ethereum (ETH) has unexpectedly surged by over 22% to reach $2,325, with expectations to reach $2,900.
BNB at $635.
Cardano (ADA) has risen to $0.78.
XRP reached $2.35.
Coins like PEPE increased by about 40% with the potential to rise by 65%.
3. The main reasons for the recovery:
New trade agreements between the United States and the United Kingdom.
The trend of some U.S. states like Arizona and New Hampshire to legalize and support cryptocurrencies.
Trump's administration announcement of the establishment of a "Strategic Bitcoin Reserve."