In May, both Bitcoin and Ethereum posted gains.
Each asset has now closed the month of May in positive territory seven times.
May 2025 was a strong month for both cryptocurrencies:
Bitcoin ended the month up by 10.99%, while Ethereum surged by 40.84%, according to CoinGlass.
This marks the seventh time Bitcoin has closed May with a gain.
In May 2024, it also showed positive performance, rising by 11.07%.
This month, the asset experienced several price surges.
Notably, on May 21–22, 2025, Bitcoin twice reached new all-time highs, briefly hitting $111,800.
Later, the price dropped below $108,000 following a statement from U.S. President Donald Trump announcing new tariffs on imported goods from the EU.
However, it quickly rebounded after the president announced that the decision would be postponed.
The asset’s price faced renewed volatility after a U.S. federal court struck down Trump's tariffs — only for an appeals court to temporarily reinstate them pending further review.
At the time of writing, Bitcoin is trading at $104,267.
Ethereum has also closed May with gains seven times.
Its highest monthly increase was in 2017 — 161.43%.
The main event for Ethereum this month was the Pectra upgrade.
Following the update, on May 8–9, the asset’s price broke through the $2,200 level and later surpassed $2,700.