CoinEx News: President Donald Trump said on May 5 that Project Freedom, the U.S. effort to guide stranded vessels through the Strait of Hormuz, would be paused for a short period while talks with Iran continue, though the blockade remains in force. The de-escalation signal helped U.S. risk assets rebound, with the S&P 500 and Nasdaq closing at fresh records.

BTC also kept a spot-demand cushion: SoSoValue data show U.S. spot Bitcoin ETFs recorded $467.38 million in net inflows on May 5, extending the inflow streak to four trading days.