Ethereum
Bitcoin at $57,000, Ethereum continues to fall, Solana recovers
Top cryptocurrency prices saw a continued decline today as the price of Bitcoin (BTC) plunged to the $57,000 level. Additionally, Ethereum (ETH) price prepared to drop below the $2,900 mark, losing its grip at a crucial level. However, other top altcoins, such as Solana (SOL), XRP, Cardano (ADA), have rebounded significantly, defying the bearish shift.
Top Cryptocurrency Prices Today
1. Bitcoin Price
THE Bitcoin Price plunged 4.43% to $57,419.91 at the time of reporting on Thursday, May 2. On the other hand, its trading volume soared 30.72% to $49.54 billion in the last 24 hours. Meanwhile, the crypto market cap dropped to $1.13 trillion.
2. Ethereum Price
THE Ethereum Price lost 2.86% to $2,912.84 at press time with a market valuation of $355.33 billion. Meanwhile, ETH saw its trading volume increase by 12.01%, reaching $20.16 billion.
3. Solana Prize
THE Solana Price rebounded and moved closer to the $130 mark today. Solana price gained 2.75%, settling at $129.31. Additionally, SOL saw a 19.65% increase in trading volume to $4.16 billion in the last 24 hours.
4. XRP Price
While the XRP Price rose above the $0.51 level. XRP price recorded a gain of 1.75%, reaching $0.5113. On the other hand, XRP trading volume soared 30.32% to $1.78 billion.
5. Cardano Price
Meanwhile, the Cardano crypto price was up 0.66% at $0.4445 today. Meanwhile, ADA recorded a 28.11% increase in its 24-hour trading volume, standing at $533.30 million.
6. Dogecoin and Shiba Inu Price
THE Dogecoin Price slipped 5.41% to $0.125 while its rival, Shiba Inu Price was down 1.98% and trading at $0.00002168.
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Top Crypto Gainers Today
- Axelar (AXL): Crypto Axelar jumped 8.11% and is trading at $1.17.
- Polka dot (DOT): The DOT crypto price increased by 5.22% to $6.86.
- EOS (ÉOS): The EOS crypto price increased by 3.33% and was valued at $0.7813.
- Optimism (OP): The TRX crypto price increased by 2.97% to $2.66.
Top Crypto Losers Today
- Helium (HNT): HNT price fell 7.84% to $4.95.
- Toncoin (TON): Toncoin price plunged 6.60% to $4.72.
- Cronos (CRO): Crypto CRO fell 6.28% to $0.1233.
- Sei (SEI): Sei price saw a decline from $0.5098 to 6.02%.
Despite the bearish turn, Solana, Dogwifhat and Pepe made the list of top gainers today. However, millions of crypto liquidations were seen in the last 24 hours, which could have accelerated the latest crash in BTC and ETH. According to Change machine, Bitcoin alone saw liquidations of $145.55 million in the last 24 hours. Of this amount, $109.13 million was allocated to long positions.
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