May was a milestone for the crypto market: Bitcoin reached an all-time high near $112,000 and its capitalization exceeded $2.2 trillion, surpassing Amazon. At the same time, five American states passed new cryptocurrency laws. Texas in particular stands out with the creation of a state bitcoin reserve. However, the growth slowed down at the end of the month, and Bitcoin is losing ground for now. Investors are closely watching the balance of interest in digital assets and traditional instruments against the background of global political and economic changes. To maintain the upward trend, Bitcoin needs to stay above the $101000-105000 area, which we wrote about last week.