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Crypto

Cryptocurrencies Show Strong Growth

2 Jun 2025by CryptoJazz Admin1 min read111 views
Cryptocurrencies Show Strong Growth

🟠May 2025 was a successful month for Bitcoin and Ethereum, with both assets closing the month in the green — up 10.99% and 40.84%, respectively. For Bitcoin, this marked the seventh positive May close. The price reached a record high of $111,800 but temporarily dipped following Donald Trump’s announcement of tariffs on imports from the EU. After the pullback and subsequent softening of the authorities’ stance, the price quickly recovered.

🟣Ethereum also posted strong growth, largely thanks to the May Pectra upgrade. Following the update, the asset’s price broke through the $2,200 and $2,700 levels. Thus, despite an April decline, Ethereum made up for its losses in May and demonstrated strong momentum amid technological improvements.

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