The crypto market is warming again. Today Bitcoin finally left the $ 100,000 border and Ethereum pushed over $ 2,000. This is a great moment, especially since both coins have worked hard in recent months. But is this another short -term pump or the start of something bigger?
Let's open what's going on.
Bitcoin breaks $ 100,000 again
Bitcoin exceeds $ 100,000 is a big deal. This is not the first time, but this time the gear looks strong. Bitcoin has risen evenly in recent weeks, but today's leap is related to good news and strong swing.
One of the main reasons is global policy. The United States and the United Kingdom recently reached a new trade agreement and conversations with China are planned to start in Switzerland. This calms some of the fears of global trade and the markets respond positively – including crypto.
Another reason for the rise of Bitcoin is the flood of money coming from large institutions. Only last week More than $ 1.8 billion has been cast into Spot Bitcoin ETFs. It's a big deal. This shows that large investors no longer test only waters. They dive in.
We also see that more US states adopt crypto. For example, Arizona proposed a new cryptocurrency fund. Such moves give Bitcoin more legitimacy and help support the idea of becoming a real part of the financial system.
Ethereum pushes over $ 2k
Ethereum also had a strong day. The price jumped over $ 2,000 for the first time after March. Although Bitcoin grabs titles, the step of Ethereum is just as important.
One of the reasons for evaluating is Blackrock. The world's largest asset manager recently bought ETH worth $ 20 million. Such a move always attracts attention. This is a clear sign that the bigger players will start to take Ethereum seriously again.
News: Blackrock buys 10 955 ETH, investing Ethereum of $ 20.1 million.
Blackrock already has $ 74 million in his portfolio.$ Ethh Price $ 1,842.94 – it's “cheap” for them.
What do they know – and what we don't know?
We share it below, without bustling or emotion 👇 pic.twitter.com/ytknyaafts9
– Corvo Bianco (@crystalcorvo) May 5, 2025
The technical strength is also behind the move. Analysts have pointed out the bullish pattern on the ethereum chart and say that the current setup could support further benefits. In addition, new projects in the entire Ethereum ecosystem are launching and the total value locked in its defi applications is constantly increasing.
Read also: Pi Network announces the mysterious announcement May 14 – here it may be
Is it just another counterfeiting?
Here is the part where we take the step back. If you have been closely watching the crypto market, you will find out that we have seen such pumps in the past. In March and again in April, both Bitcoin and Ethereum saw strong demonstrations – but neither lasted. The market went either flat or soon after that.
So, is this time different?
It is certainly too early to say. This time the signs will see more promising, especially the institutional money involved and in the air a bit with macroeconomic relief. But we need to watch things play out in the next few days. If prices last or continue to rise, it may indicate the beginning of a real bull. If not, it may be just another short -term breakthrough.
Bitcoin over $ 100,000 and ethereum over $ 2,000 are large psychological milestones. They bring excitement back to the market that has been shaking for months. As the institutions buy in and some positive global news, the timing is the right move. But as always in cryptos, nothing is guaranteed. Let's see what happens next.
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