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Bitcoin At $57K, Ethereum Continues Decline, Solana Recovers


The high crypto costs right this moment witnessed continued declines because the Bitcoin (BTC) worth plunged to the $57,000 degree. In addition, the Ethereum (ETH) worth equipped for a dip beneath the $2,900 mark, shedding maintain on a vital degree. However, different high altcoins, akin to Solana (SOL), XRP, Cardano (ADA) rebounded considerably, defying the bearish flip.

Major Crypto Prices Today

1. Bitcoin Price

The Bitcoin price plunged by 4.43% reaching $57,419.91 on the time of writing on Thursday, May 2. On the opposite hand, it’s buying and selling quantity soared 30.72% to $49.54 billion within the final 24 hours. Whilst, the crypto’s market capitalization slipped to $1.13 trillion.

2. Ethereum Price

The Ethereum price misplaced 2.86% to $2,912.84 at press time with a market valuation of $355.33 billion. Whilst, ETH noticed its buying and selling quantity surge 12.01%, reaching $20.16 billion.

3. Solana Price

The Solana price rebounded and inched nearer to the the $130 mark right this moment. The Solana worth gained 2.75%, settling at $129.31. In addition, SOL witnessed a 19.65% surge in commerce quantity to $4.16 billion within the final 24 hours.

4. XRP Price

Whilst, the XRP price surged previous the $0.51 degree. The XRP worth recorded a achieve of 1.75%, reaching $0.5113. On the opposite hand, XRP’s buying and selling quantity spiked 30.32% to $1.78 billion.

5. Cardano Price

Meanwhile, the Cardano crypto price was up 0.66% to $0.4445 right this moment. Whilst, ADA recorded a hike of 28.11% in its 24-hour buying and selling quantity, settling at $533.30 million.

6. Dogecoin & Shiba Inu Price

The Dogecoin price slipped 5.41% to $0.125 whereas its rival, Shiba Inu price was down by 1.98% and traded at $0.00002168.

Also Read: Crypto Market Recovery? US Treasury Announces $125M Refunding, Buyback Plan

Top Crypto Gainers Today

  • Axelar (AXL): The Axelar crypto surged 8.11% and traded at $1.17.
  • Polkadot (DOT): The DOT crypto worth rallied 5.22% to $6.86.
  • EOS (EOS): The EOS crypto worth was up 3.33% and was valued at $0.7813.
  • Optimism (OP): The TRX crypto worth rose 2.97% to $2.66.

Top Crypto Losers Today

  • Helium (HNT): The HNT worth plummeted 7.84% to $4.95.
  • Toncoin (TON): The Toncoin worth plunged 6.60% to $4.72.
  • Cronos (CRO): The CRO crypto slumped 6.28% to $0.1233.
  • Sei (SEI): The Sei worth witnessed a dip of $0.5098 to six.02%.

Despite the bearish flip, Solana, Dogwifhat, and Pepe made it to the highest gainers record right this moment. However, thousands and thousands price of crypto liquidations had been famous previously 24 hours, which may have expedited the newest crash for BTC and ETH. According to Coinglass, Bitcoin alone witnessed $145.55 million liquidations within the final 24 hours. Out of this, $109.13 million has been attributed to longs.

Also Read: 3 Trending Altcoins To Buy Making You Rich In 2024 Bull Run

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The introduced content material could embrace the non-public opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any duty to your private monetary loss.





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