The high crypto costs at this time prolonged the rebound frenzy because the Bitcoin (BTC) value surged previous the $63,000 degree. In addition, the Ethereum (ETH) value mirrored the sentiment and sustained above the $3,100 mark. Moreover, different high altcoins, equivalent to Solana (SOL), XRP, Cardano (ADA) additionally gained notably.
Major Crypto Prices Today
1. Bitcoin Price
The Bitcoin price soared by 5.86% reaching $63,030.40 on the time of writing on Saturday, May 4. On the opposite hand, it’s buying and selling quantity surged 8.32% to $32.62 billion within the final 24 hours. Whilst, the crypto’s market capitalization climbed to $1.27 trillion.
2. Ethereum Price
The Ethereum price rallied 3.87% to $3,117.60 at press time with a market valuation of $374.48 billion. Whilst, ETH noticed its buying and selling quantity drop 0.75%, reaching $12.37 billion.
3. Solana Price
The Solana price recovered considerably and surpassed the the $140 mark at this time. The Solana value surged 3.72%, settling at $145.04. In distinction, SOL witnessed a 3.66% dip in commerce quantity to $3.17 billion within the final 24 hours.
4. XRP Price
Whilst, the XRP price neared the $0.53 degree. The XRP value recorded a achieve of 1.71%, reaching $0.5297. On the opposite hand, XRP’s buying and selling quantity jumped 10.52% to $1.11 billion.
5. Cardano Price
Meanwhile, the Cardano crypto price was up 2.56% to $0.4682 at this time. Whilst, ADA recorded a decline of two.45% in its 24-hour buying and selling quantity, settling at $323.55 million.
6. Dogecoin & Shiba Inu Price
The Dogecoin price rallied 12.17% to $0.1502 whereas its rival, Shiba Inu price was soared 7.80% and traded at $0.00002495.
Also Read: Top 5 Reasons Why Bitcoin Price Recovery Is Confirmed
Top Crypto Gainers Today
- Nervos Network (CKB): The CKB crypto surged 18.70% and traded at $0.01872.
- Dogwifhat (WIF): The Dogwifhat meme crypto value rallied 17.62% to $3.31.
- Floki (FLOKI): The Floki crypto value was soared 17.11% and was valued at $0.0001957.
- Stacks (STX): The STZ crypto value rose 13.98% to $2.39.
Top Crypto Losers Today
- Helium (HNT): The Helium value misplaced 2.50%% to $5.37.
- Sui (SUI): The Sui value dipped 2.10% to $1.10.
- Ondo (ONDO): The Ondo crypto dropped 0.78% to $0.8199.
- Polkadot (DOT): The DOT value was down 0.39% to $7.18.
The current rebound within the Bitcoin value may very well be largely attributed to the resurgence of ETF inflows. On Friday, May 3, the Spot Bitcoin ETFs recorded a large inflow of $378 million. Moreover, the Grayscale Bitcoin Trust (GBTC) witnessed the primary day of optimistic circulate with $63 million internet influx.
Also Read: Dogwifhat Price Analysis: Is WIF Going To $10 In May?
The introduced content material could embody 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 on your private monetary loss.
