#USChinaTensions In the broader cryptocurrency market, altcoins like Ethereum (ETH), Ripple (XRP), and Cardano (ADA) have also seen gains, each rising over 1% in the past day. The global crypto market capitalization now stands at approximately $2.74 trillion.

Additionally, corporate interest in Bitcoin is growing. Brazilian fintech company Meliuz has proposed expanding its Bitcoin reserves strategy, aiming to make the cryptocurrency a primary asset in its corporate treasury. A shareholder meeting is scheduled for May 6 to vote on this initiative.

Despite the recent positive trend, the market remains sensitive to global economic and political developments. Investors are advised to stay informed and consider these factors when making investment decisions.