The cryptocurrency market on May 9, 2025, is a paradox of euphoria and caution.
Bitcoin has once again surpassed the $100,000 mark, trading around $102,735 — on a wave of institutional inflows and renewed investor optimism following trade agreements between the United States and the United Kingdom.
Ethereum is also keeping pace — exceeding $2,400, outpacing BTC in growth with a rise of 5.5%.
Technical indicators point to bullish momentum: the rise in BTC has liquidated nearly $900 million in shorts, pushing the cryptocurrency market capitalization to $3.4 trillion — the first time since February.
However, this upswing is not without clouds. The rally is largely fueled by hope for the easing of trade tensions caused by the tariff policy of the Trump administration.
In this context, Bitcoin is not just an asset, but a symbol of market resilience and volatility. By the end of the week, traders are left to navigate a reality where drive and chaos go hand in hand.