Market Update - May 9, 2025

All the same

Author

Mark Helfman
May 09, 2025

Bull market’s back, baby!

When did it leave? Bitcoin‘s price is 6% lower than it was in January. It’s 38% percent higher than it was last month.

With swings like that, maybe we don’t need to worry about bull/bear classifications.

Why You Shouldn’t Care About Bitcoin’s Bull or Bear Market

With bitcoin’s price breaking above $30,000, the cryptosphere seems locked in a “bull or bear market” conflict. Not you, though.

medium.com/web-3-digitals/why-you-shouldnt-care-about-bitcoin-s-bull-or-bear-market-8251f9f7e30e?sk=d76ef28dfd775584ea3b4b23af2e0708

I’ll call this a bull market until it seems like everybody agrees it’s not. Topics for today’s update:

  • Video

  • TL;DW

  • Trump token

  • Sell in May and go away?

  • Not the HODLer churn we want

  • Altcoins

I strongly advise you to read the summary below and watch the video update. You will miss too much if you only get one of them!

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