Latest cryptocurrency market news may 2025
On the technical front, May will see several notable network developments. Ethereum’s highly anticipated Pectra upgrade goes live on May 7, aimed at improving performance and user experience https://how2cryptos.com/. Other key updates include RUNE’s Mainnet V3.5, IOTA’s new mainnet, and hardforks from KAS and XEC, all contributing to growing momentum around infrastructure innovation.
XRP is trading at $2.14, showing a 1.8% decrease, but the trend may soon shift. Technical analysts point to an approaching price recovery, with targets around $2.35. After months of consolidation, XRP is reclaiming key support zones and is being closely watched by traders anticipating a breakout.
Macroeconomic data releases from the U.S. will set the tone early, starting with jobless claims, unemployment rates, and payroll figures on May 1–2. Japan’s central bank will also announce its interest rate decision on May 1, followed closely by a crucial U.S. Federal Reserve meeting on May 7, where investors hope to glean direction on potential rate cuts. CPI and PPI data, scheduled for release on May 13 and 15 respectively, will add further clarity on inflation trends and monetary policy outlook—both of which have become key drivers of crypto price action.
Both ETH and XRP are gaining from a mix of tech advancements and regulatory progress, putting them in an exciting position for the future of the crypto market. It’s definitely worth keeping an eye on these two!
Sec cryptocurrency news
Still, many smaller cryptocurrencies remain well below their historical peaks. Ether (ETHUSD) traded around $3,771 on Thursday afternoon, roughly 22.5% below its record high of $4,865.81 set on Nov. 10, 2021.
And that seems to be working: A huge array of big companies are rushing to explore blockchain projects. On Thursday, J.P. Morgan announced that it will be partnering with Coinbase to allow crypto purchases via clients’ Chase credit cards, and Bank of America CEO Brian Moynihan said earlier this month that the bank is planning on launching a stablecoin.
Meanwhile, legislation winding through Congress would give the Commodity Futures Trading Commission jurisdiction to police crypto alongside the SEC, complicating an already fraught duality of enforcement approaches from the agencies.
Still, many smaller cryptocurrencies remain well below their historical peaks. Ether (ETHUSD) traded around $3,771 on Thursday afternoon, roughly 22.5% below its record high of $4,865.81 set on Nov. 10, 2021.
And that seems to be working: A huge array of big companies are rushing to explore blockchain projects. On Thursday, J.P. Morgan announced that it will be partnering with Coinbase to allow crypto purchases via clients’ Chase credit cards, and Bank of America CEO Brian Moynihan said earlier this month that the bank is planning on launching a stablecoin.
Cryptocurrency market news may 2025
The recent Pectra upgrade has made Ethereum more scalable and improved staking efficiency, which has boosted investor confidence. With a 41% jump in Total Value Locked (TVL) and a 22% increase in daily transactions, Ethereum’s utility is growing fast. Analysts believe these factors could push ETH to the $3,000 mark, with some predicting it might even hit as high as $12,000 by the end of the year.
Three exceptional days marked this record month: May 22 (+$934.8M), May 2 (+$674.9M), and May 19 (+$667.4M). These peaks, mostly concentrated on IBIT, rank among the largest ever recorded for Bitcoin spot ETFs.
When priced in Bitcoin, the situation looks even less favorable for Ethereum. ETH is currently trading at a five-year low relative to BTC. However, a strong support zone appears to be forming around the 0.02 BTC level — a range that has consistently held up in the past, including during the recent price dip.
Macroeconomic data releases from the U.S. will set the tone early, starting with jobless claims, unemployment rates, and payroll figures on May 1–2. Japan’s central bank will also announce its interest rate decision on May 1, followed closely by a crucial U.S. Federal Reserve meeting on May 7, where investors hope to glean direction on potential rate cuts. CPI and PPI data, scheduled for release on May 13 and 15 respectively, will add further clarity on inflation trends and monetary policy outlook—both of which have become key drivers of crypto price action.
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