As of early May 2025, the cryptocurrency market has experienced a significant pullback. Bitcoin (BTC) has fallen over 10% from its year-to-date high of approximately $109,225, currently priced at around $94,325. Ethereum (ETH) has also retreated from its peak, with a current price of about $1,806. The overall market capitalization has decreased, and investor sentiment has become cautious. Reasons for the pullback include global trade tensions, macroeconomic uncertainty, and adjustments in investor expectations regarding policy. Despite this, some analysts believe the market may be nearing a bottom, and future trends will still need to pay attention to macroeconomic data and policy changes.