$ETH Bitcoin (BTC) and Ethereum (ETH) have staged impressive comebacks in May 2025. BTC surged past $100,000 for the first time since February, reaching an intraday high of $101,370. This rally is fueled by renewed investor confidence following a U.S.-U.K. trade agreement and significant institutional inflows, including $5.3 billion into Bitcoin ETFs over the past three weeks .

Ethereum also experienced a notable rebound, climbing over 20% to surpass $2,200. This surge is attributed to the successful implementation of the Pectra upgrade, enhancing transaction speed and cost efficiency, and the positive market sentiment stemming from the trade deal .

While both cryptocurrencies are on the rise, analysts advise caution due to market volatility and the need for further economic clarity.