Ethereum
Bitcoin at $63,000, Ethereum crosses $3,100, Solana and TON jump
THE crypto market starts the week on a positive note, as the majority of tokens are seeing an uptick in their price movement. According to data from CoinMarketCap, a cryptocurrency price tracker, the global cryptocurrency market capitalization increased by approximately 0.56% to $2.34 trillion over the past 24 hours. Additionally, the total trading volume on the market jumped 27.60% to $63.45 billion. Stablecoins account for over 90% of the total volume, amounting to $57.17 billion over the recorded period.
That said, major cryptocurrencies like Bitcoin, Ethereum, Solana, and TON are on our radar when it comes to today’s price coverage. Let’s take a closer look at their price movements.
Best cryptocurrency prices today
THE Bitcoin price, the flagship cryptocurrency, has increased slightly at the time of writing. According to data from CoinMarketCap, BTC is currently changing hands at $63,917, representing a rise of 0.25% over the past 24 hours. The leading cryptocurrency also saw an increase in trading activity during the recorded period, jumping 39.33% to $24.6 billion. Therefore, BTC now has a real market capitalization of $1.26 trillion.
THE Ethereum price (ETH), the second largest cryptocurrency by market capitalization, crossed the $3,100 mark to trade at $3,121, signifying a decline of 0.49% in the last 24 hours. Additionally, ETH has a 24-hour trading volume of $11.3 billion, showing a 32.7% rise in the last 24 hours with a real market cap of $374.3 billion.
Solana (SOL) saw the most gains among the top ten cryptocurrencies. According to CMC data, the price of SOIL jumped 6.50% in the last 24 hours to trade at $155.78. However, its trading volume tells a different story, down 8.46% to $2.39 billion over the past day. Ultimately, Solana ranks fifth in the crypto market rankings with a live market cap of $69.3 billion.
TONNE, the 9th largest cryptocurrency by market capitalization also jumped 3% in the last 24 hours to trade at $5.98. Additionally, 24-hour trading volume soared 69.6% to $261 billion with a real market cap of $20.7 billion.
On the memecoin front, Dogecoin (DOGE) fell 0.31% during the trading period to $0.159, with a 24-hour trading volume of $1.59 billion and a live market cap of 23 billion dollars. Shiba Inu (SHIB), the second largest memecoin by trading volume, also declined by 0.29% at the time of writing to trade at $0.00002466.
Top trends today May 6
On the list of trends, some tokens have accumulated substantial gains over the past 24 hours. Some of these tokens are:
Cat Shark (SC), A Solana-based coin that shows the popular cat shark meme surged 24.63% over the past day, trading at $0.20. The coin occupies position #2484 on the global crypto market chart with a live market cap of $198.2 million.
Tellor (TRB), a decentralized oracle protocol that provides queryable data is the second winner today. According to statistics, the coin saw gains of 17% in the last 24 hours. TRB is positioned 250th on the global crypto market chart with a market capitalization of 240 million.