Business news from Ukraine

Business news from Ukraine

Cryptocurrency market overview in early May, forecasts for coming periods

13 May , 2025  

Bitcoin (BTC) surpassed the $100,000 mark for the first time since February 2025, reaching an intraday high of $105,747. This was made possible by the reduction of trade tariffs between the US and China, as well as expectations of interest rate cuts in the US.

Ethereum (ETH) also showed growth, reaching $2,620, which is 40% higher than the previous week.

Institutional investment has increased significantly: over the past three weeks, $5.3 billion has flowed into Bitcoin ETFs, indicating growing confidence in cryptocurrencies among large investors.

Key trends

Bitcoin’s position as “digital gold” is strengthening: its market share reached 64%, the highest since 2021.

Growing institutional interest: Strategy acquired 13,390 bitcoins worth $1.34 billion, increasing its total assets to 568,840 BTC.

Analyst forecasts: According to Standard Chartered, bitcoin could reach $120,000 in the second quarter of 2025.

Potential risks

Low trading volumes may indicate caution among major players and possible volatility in the short term.

Regulatory uncertainties and possible policy changes could affect market dynamics.

Short-term forecast

Bitcoin is expected to continue fluctuating in the $100,000–$107,000 range, with a possible rise to $120,000 if current trends continue. However, investors should be prepared for short-term volatility and closely monitor macroeconomic and regulatory developments.