💥💥💥 Bitcoin ended May with a positive return of 10.99%
🟢 In the past May, we witnessed a strong increase of $BTC breaking last year's ATH at 109K and reaching this year's ATH of 112K after news that the US and China began to cool down on tariffs and have shaken hands to sit down for negotiations to avoid further conflicts.
🟢 Additionally, the US economy has also cooled down, leading to a continued decrease in CPI inflation and the unemployment rate remaining unchanged, but on the part of the FED chairman, Mr. Powell still maintains the view that he will continue to observe and is not in a hurry to cut interest rates.
🟢 Cash flow from ETF funds has re-entered the market significantly and reached ATH compared to last year, with large funds and companies like BlackRock and MicroStrategy continuously purchasing an additional #Bitcoin in large quantities.
🟢 Furthermore, this May we saw that $ETH was smoothly upgraded to the Pectra version, enhancing user experience and the entire network, resulting in $ETH experiencing a strong growth of over 40% after a terrible decline in the first four months of the year.
🟢 Altcoins in the past May also had a good recovery phase, with hot systems like #Aİ and #Meme experiencing rapid growth of 2x to 3x, while other Altcoins also increased nearly 50%.
🍀 This new month is uncertain whether it will grow strongly or continue to adjust, but I still wish everyone good health, filled with energy, and lots of luck 🧡