Altcoins

Bitcoin Nears $60,000 as Ethereum and Other Altcoins Rally

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Major cryptocurrency prices have seen a rebound today, with Bitcoin (BTC) price surging above the $59,000 level. Additionally, Ethereum (ETH) price has hit the $3,000 mark, losing its grip on a crucial level. Additionally, other top altcoins such as Solana (SOL), XRP, Cardano (ADA) have also recovered significantly.

Prices of major cryptocurrencies today

1. Bitcoin Price

THE Bitcoin Price The cryptocurrency’s price jumped 4% to $59,539.94 at the time of writing on Friday, May 3. On the other hand, its trading volume has dropped 39.14% to $30.11 billion in the last 24 hours. At the same time, the cryptocurrency’s market capitalization has climbed to $1.17 trillion.

2. Ethereum Price

THE Ethereum Price ETH price rose 3.07% to $3,001.36 at press time, with a market valuation of $360.38 billion. At the same time, ETH trading volume fell 38.14% to $12.47 billion.

3. Solana Prize

THE Solana Price has recovered significantly and approached the $140 mark today. Solana price has increased by 8.33%, settling at $139.84. On the other hand, SOL saw a 20.36% drop in trading volume to $3.31 billion over the last 24 hours.

4. XRP Price

While the XRP Price XRP price recorded a gain of $1.7 million, reaching $0.5209. On the other hand, XRP trading volume fell by 43.68% to $1 billion.

5. Cardano Price

Meanwhile, the Cardano Cryptocurrency Price rose 2.82% to $0.4566 today. At the same time, ADA saw a 37.77% drop in its 24-hour trading volume, settling at $331.69 million.

6. Dogecoin and Shiba Inu Prices

THE Dogecoin Price jumped 7.35% to $0.1336 while its rival, Shiba Inu Price increased by 6.37% and traded at $0.00002315.

Read also : Jack Dorsey’s Block Increases Bitcoin Bet With 10% Reinvestment of Profits

Top Cryptocurrency Gainers Today

  • Ar Weaving (AR): Arweave cryptocurrency jumped 20.94% and traded at $34.15.
  • Bonk (BONK): The price of Bonk cryptocurrency increased by 16.85% to $0.00002588.
  • Grandpa (PEPE): The price of Pepe cryptocurrency increased by 15.77% and was valued at $0.000007916.
  • Toncoin (TON): The price of crypto TON increased by 13.64% to $5.38.

The Biggest Cryptocurrency Losers Today

  • Cosmos (ATM): The price of Cosmos fell 1.66% to $8.58.
  • Gnosis (GNO): GNO price fell 0.67% to $304.84.
  • Kaspa (KAS): Kaspa cryptocurrency fell 0.36% to $0.1074.

Due to the recent rally, only the three cryptocurrencies mentioned above are on the list of the top losers. At the same time, the list of gainers included Ondo, Immutable, Dogwifhat, and Jupiter, among others.

Read also : Tether Implements Chainalysis Surveillance to Combat Illicit Crypto Activity

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CoinGape is comprised of an experienced team of native writers and content editors who work around the clock to cover global news and present information as facts rather than opinions. CoinGape writers and journalists contributed to this article.

The content presented may include the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or publication assumes no responsibility for your personal financial losses.



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