In 2025, cryptocurrency markets are experiencing a significant shift as political developments in the United States influence investor behaviors. The election of Trump has notably spurred volatility, rekindling the trading momentum comparable to 2021’s bustling crypto activity. Traders anticipate the unfolding market trends for the ensuing months, particularly focusing on category-specific performances that marked May. Notably, the question arises: which categories of cryptocurrencies soared through the month of May?
Top Altcoins of May
The Decentralized Finance (DeFi) sector demonstrated outstanding performance in May, bolstered by a swift surge in Ethereum’s (ETH) value. Catalysts for this surge included accelerated momentum after the Genevan Accord and the emerging institutional interest in DeFi within the United States. Even Trump has shown interest in the DeFi space, while notable financial institutions, such as JPM, have begun integrating their private networks with public networks like Ethereum $2,496 through various trials.
The long-term potential of the DeFi realm, particularly within the Ethereum ecosystem, appears to be promising. Category-based altcoin performance indicators further reinforce this potential.
Michael Saylor’s Strategic Moves
As June begins, two pivotal developments have surfaced. First, upcoming discussions between Trump and Xi promise to mitigate recent geopolitical tensions. Secondly, Michael Saylor’s recent announcement is indicative of a potential multi-billion-dollar Bitcoin (BTC) $104,940 acquisition, as suggested by the graph he shared.
While Saylor’s acquisitions might initially lead to price dips, his adeptness in identifying market bottoms is noted. These vast BTC purchases are unlikely to negatively impact the price.
Cryptocurrencies Set to Climb
Thecryptolord has unveiled global liquidity data, highlighting why cryptocurrencies should rise. Increasing global liquidity, coupled with anticipated tariff resolutions and subsequent Fed rate cuts, is expected to further accelerate this growth.
“This is arguably one of the most overlooked yet significant charts. Global liquidity = the total cash flow in the world economy. Consider cash, bank deposits, and ‘near-money’ assets (M2 money supply). When central banks print money or slash interest rates, liquidity rises. More money = more fuel for assets.”
Meanwhile, Poppe maintains his bullish stance, forecasting continued growth. With the accompanying graph, he suggests that acquiring ETH beneath $2,400 during any short-term deeper pullback could present an appealing opportunity.
