Ethereum
Bitcoin Surpasses $63,000 as ETF Flows Regain Momentum
The crypto’s highest prices today extended the rebound frenzy as the price of Bitcoin (BTC) surpassed the $63,000 level. Additionally, Ethereum (ETH) price reflected the sentiment and held above the $3,100 mark. Additionally, other top altcoins, such as Solana (SOL), XRP, Cardano (ADA), have also made notable gains.
Top Cryptocurrency Prices Today
1. Bitcoin Price
THE Bitcoin Price rose 5.86% to $63,030.40 at the time of reporting on Saturday, May 4. On the other hand, its trading volume jumped by 8.32% to $32.62 billion in the last 24 hours. At the same time, the crypto market capitalization soared to $1.27 trillion.
2. Ethereum Price
THE Ethereum Price rose 3.87% to $3,117.60 at press time with a market valuation of $374.48 billion. While ETH saw its trading volume drop by 0.75%, reaching $12.37 billion.
3. Solana Prize
THE Solana Price has recovered significantly and surpassed the $140 mark today. Solana price jumped 3.72%, settling at $145.04. On the other hand, SOL saw a 3.66% decline in trading volume to $3.17 billion over the past 24 hours.
4. XRP Price
While the XRP Price approached the $0.53 level. XRP price recorded a gain of 1.71%, reaching $0.5297. In contrast, XRP trading volume jumped 10.52% to $1.11 billion.
5. Cardano Price
Meanwhile, the Cardano crypto price was up 2.56% at $0.4682 today. While ADA recorded a 2.45% decline in its 24-hour trading volume, standing at $323.55 million.
6. Dogecoin and Shiba Inu Price
THE Dogecoin Price rose 12.17% to $0.1502 while its rival, Shiba Inu Price rose 7.80% and is trading at $0.00002495.
Read also: Top 5 reasons why Bitcoin price recovery is confirmed
Top Crypto Gainers Today
- Nervos Network (CKB): CKB crypto jumped 18.70% and is trading at $0.01872.
- Dog Hat (WIF): The price of Dogwifhat meme crypto increased by 17.62% to $3.31.
- Floki (FLOKI): The Floki crypto price rose by 17.11% and was valued at $0.0001957.
- Batteries (STX): The STZ crypto price increased by 13.98% to $2.39.
Top Crypto Losers Today
- Helium (HNT): Helium price lost 2.50% to $5.37.
- Sui (SUI): Sui price fell 2.10% to $1.10.
- Ondo (ONDO): Ondo crypto fell 0.78% to $0.8199.
- Polka dot (DOT): DOT price fell 0.39% to $7.18.
The recent rebound in Bitcoin price could be largely attributed to the resurgence of ETF inflows. On Friday, May 3, Spot Bitcoin ETFs saw a massive inflow of $378 million. Additionally, the Grayscale Bitcoin Trust (GBTC) experienced the first day of positive flow with a net inflow of $63 million.
Read also: Dogwifhat Price Analysis: Will WIF Hit $10 in May?