The prime crypto costs as we speak crashed massively because the Bitcoin (BTC) value slumped to the $60,000 stage regardless of the current Hong Kong ETF launch. In addition, the Ethereum (ETH) value dipped under the $3,000 mark, dropping maintain on a vital stage. Moreover, different prime altcoins, equivalent to Solana (SOL), XRP, Cardano (ADA) plunged notably, mirroring the downward pattern.
Major Crypto Prices Today
1. Bitcoin Price
The Bitcoin price crashed by 5.13% reaching $60,191.06 on the time of writing on Wednesday, May 1. On the opposite hand, it’s buying and selling quantity spiked 41.71% to $37.91 billion within the final 24 hours. Whilst, the crypto’s market capitalization slipped to $1.18 trillion.
2. Ethereum Price
The Ethereum price tumbled 5.46% to $2,999.10 at press time with a market valuation of $365.74 billion. Whilst, ETH noticed its buying and selling quantity surge 29.66%, reaching $17.99 billion.
3. Solana Price
The Solana price prolonged under the $130 mark as we speak. The Solana value misplaced 7.06%, settling at $126.06. In distinction, SOL witnessed a 42.20% surge in commerce quantity to $3.48 billion within the final 24 hours.
4. XRP Price
Whilst, the XRP price inched nearer to drop under the $0.50 stage amid the broader market crash. The XRP value recorded a stoop of two.66%, reaching $0.5026. On the opposite hand, XRP’s buying and selling quantity soared 24.41% to $1.36 billion.
5. Cardano Price
Meanwhile, the Cardano crypto price slipped 2.96% to $0.442 as we speak. Whilst, ADA recorded a hike of 40.13% in its 24-hour buying and selling quantity, settling at $416.32 million.
6. Dogecoin & Shiba Inu Price
The Dogecoin price crashed by 7.29% to $0.1324 whereas its rival, Shiba Inu price tumbled 7.57% and traded at $0.00002215.
Also Read: How Will Bitcoin Price React To FOMC Meeting?
Top Crypto Gainers Today
- Cosmos (ATM): The Cosmos crypto surged 5.43% and traded at $8.56.
- Optimism (OP): The OP crypto value rallied 2.52% to $2.58.
- Starknet (STRK): The Starknet crypto value was up 2.22% and was valued at $1.24.
- Tron (TRX): The TRX crypto value rose 0.45% to $0.1201.
Top Crypto Losers Today
- Arweave (AR): The AR value plummeted 17.25% to $29.74.
- Stacks (STX): The STX value plunged 15.01% to $2.04.
- Sei (SEI): The Sei value witnessed a dip of 11.75% to $0.542.
- Lido DAO (LDO): The LDO crypto slumped 11.43% to $1.90.
Due to the sudden bearish pattern, none different crypto made it to the highest gainers record. Moreover, hundreds of thousands value of crypto liquidations had been famous up to now 24 hours, which might have catalyzed the newest crash. According to Coinglass, Bitcoin alone witnessed $107.64 million liquidations within the final 24 hours. Out of this $93.26 million has been attributed to longs.
Also Read: Here’s Why Pepe Coin Price Sees a 20% Breakout Rally in May
The offered content material might embrace the private opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn’t maintain any duty in your private monetary loss.
