... market capitalization of cryptocurrencies, amid Bitcoin's rally, has approached record levels of about $3 trillion. At the same time, Bitcoin's dominance has increased, indicating a redistribution of funds in favor of the most reliable asset in the crypto space. Entering May 2025, the market is in a bullish phase characterized by heightened investor interest and steady price increases. Factors Affecting Bitcoin's Price in May 2025 Monetary Policy and Macroeconomics The monetary policy of the major world economies remains one of the key drivers for Bitcoin. As May 2025 approaches, investors are closely watching the actions of the U.S. Federal Reserve, which markets expect to lower the key interest rate by June. A dovish monetary policy typically benefits ...