Bitcoin has just surpassed the $104,000 mark, briefly hitting $105,000, a level not seen in many months. This increase is related to recent comments from U.S. President Donald Trump, announcing a breakthrough in trade negotiations between the U.S. and China. If this is true, it could boost investor confidence globally. As global liquidity increases, riskier assets like cryptocurrencies are expected to follow the upward trend.
Currently, Bitcoin's dominance rate in the cryptocurrency market is declining, signaling a shift towards altcoins. A similar situation occurred in late 2024, before a major altcoin price surge. If this trend continues, May and June could be promising months for crypto investors. Ethereum has increased nearly 40% in a week, trading above $2,500.
Altcoins often follow Bitcoin's movements, and with BTC's rise, many believe that altcoins will also surge. At the same time, the dominance rate of USDT is decreasing. This means that many investors are transferring money from stablecoins to crypto assets, a positive sign for the market.
XRP is attracting attention as it breaks out of a 112-day downtrend. If the upward momentum continues, XRP could reach $2.80 soon, even having the potential to hit a new all-time high. The optimistic price target could go up to $5.65 if it maintains above key support levels. The XRP/BTC trading pair is also showing potential, trying to break out of a 'falling wedge' pattern.
Some analysts predict that the market peak will occur in June or July, with Bitcoin potentially reaching $120,000 - $130,000. If that happens, Ethereum could return to $4,000, and XRP could move towards $4.00.
Source: https://tintucbitcoin.com/du-doan-gia-xrp-thang-5-2025-khi-bitcoin-dat-105k-usd/
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