May 8, 2025

After being caught in a correction last week, the crypto market shows signs of recovery. Bitcoin (BTC) successfully broke through the psychological level of $65,000, while Ethereum (ETH) also surged above $3,200. This rise was welcomed enthusiastically by market participants who are becoming optimistic about the direction of monetary policy and institutional fund flows into digital assets.

What is Driving the Crypto Rebound Today?

  1. Hope for Fed Interest Rate Easing

  2. Speculation that the U.S. central bank will begin to lower interest rates by the end of 2025 has investors returning to hunt for risk assets like crypto.

  3. Accumulation Action by Major Investors


    Latest data shows positive inflow into Bitcoin ETFs and increased purchases by financial institutions, boosting market confidence.

  4. Anticipation for Ethereum Spot ETF


    Positive sentiment regarding the potential approval of a spot ETF for Ethereum also lifted ETH prices and its ecosystem projects.

  5. How Did Altcoins Perform Today?


  • Solana (SOL) and Avalanche (AVAX) recorded increases of 5% and 4%, respectively, thanks to a surge in DeFi activity and community support.


  • Toncoin (TON) grabs attention with a 7% spike, following news of further integration with the Telegram app.


  • Meanwhile, memecoins like Dogecoin (DOGE) and Shiba Inu (SHIB) are moving sideways, with limited increases below 2%.

  • What Do Analysts Say?

Although today is marked in green, analysts remind that the market is still very sensitive to macro news. Volatility could increase again with the release of economic data and new policies from global regulators.

Focus for Tomorrow:


  • Fed Official's Speech – Every word could trigger market turbulence.


  • Release of U.S. Inflation Data (CPI) – This could be a key driver for significant movements in the crypto market.

Conclusion:
The resurgence of BTC and ETH provides a fresh breath for the crypto market. However, investors are advised to remain vigilant, as high volatility still looms. Monitor economic and regulatory news to determine strategic steps forward.

Source: CoinMarketCap, Coingecko, Bloomberg Crypto | Update as of May 8, 2025, at 3:00 PM WIB

Note: This article is a simulation and not real-time information. For the latest data, check trusted platforms

#thefed $BTC $ETH $TON