Crypto Market Soars in May: Bitcoin Dominates with Tariff Pause Support

May saw an impressive surge in the crypto market, marked by Bitcoin’s continued dominance. This growth was fueled by a 90-day U.S. tariff pause that boosted investor confidence and led to significant market capitalization increases. The positive sentiment surrounding the tariff reprieve, according to Binance Research analysts, has significantly increased the appeal of Bitcoin over other assets, including Ethereum.