The cryptocurrency market seems to be making a recovery lately. Bitcoin (BTC) has reclaimed the $81,000 mark after its recent descent to sub-$75,000 levels. The global crypto market cap has risen 4.1% to $2.68 trillion. With the crypto market making a comeback, there is a possibility that some assets could hit new peaks over the coming months.
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Cryptocurrencies Recover Amid Tariff Pause
The cryptocurrency market’s latest turnaround came after President Trump announced a 90-day pause for all tariffs except China. The move may have led to a rise in investor confidence.
Another bullish development is that the US Senate also confirmed Paul Atkins as the next SEC chair. Outgoing head Gary Gensler was viewed as a villain in the cryptocurrency sector. Many are hopeful Atkins will take a different approach.
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In other news, Argentina has launched an investigation into President Javier Milei’s alleged involvement in the Libra debacle. The move may have lifted the spirits of crypto investors.
Top 3 Cryptocurrencies That Could Hit New Peaks This Quarter
1. Ripple (XRP)
Ripple’s XRP token has had quite a ride in 2025. The SEC recently dropped its lawsuit against the fintech company. According to CoinCodex cryptocurrency is expected to hit a new all-time high of $4.26 on May 7.
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2. Pepe (PEPE)
PEPE has given incredible results since its launch in April 2023. According to CoinCodex, the meme cryptocurrency could rise to a new all-time high of $0.00003582 on May 6.
3. Pi Network (PI)
PI has seen a drastic rise in popularity and price over the last few months. The cryptocurrency hit an all-time high in February while other assets were struggling. CoinCodex predicts the asset to hit a new peak of $3.94 on May 6.
Also Read: How Much Would $2,000 Invested in Bitcoin During Its First Halving Turn Into Today?
