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Crypto price today May 6 check world market cap bitcoin BTC ethereum doge solana litecoin Worldcoin dogwifhat Live TV
Bitcoin (BTC), the world’s oldest and most valuable cryptocurrency, managed to surpass the $64,000 mark over the weekend, mainly thanks to the favorable US jobs report in april. Other popular altcoins – including Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) – landed in the greens as the overall market fear and greed index stood at 58 (Neutral) out of 100, according to CoinMarketCap data. Sam Altman’s Worldcoin (WLD) token became the biggest gainer of the lot, surging more than 16% over 24 hours. Memecoin dogwifhat (WIF) became the biggest loser, down more than 3% over 24 hours.
The global crypto market cap stood at $2.36 trillion at the time of writing, recording a 24-hour gain of 1.13%.
Bitcoin (BTC) price today
Bitcoin price stood at $64,102.01, registering a 1.01% gain over 24 hours, according to CoinMarketCap. According to Indian exchange WazirX, the price of BTC stood at Rs 55.30 lakh.
Ethereum (ETH) Price Today
ETH price stood at $3,136.38, representing a 24-hour gain of 1.71% at the time of writing. According to WazirX, the price of Ethereum in India stood at Rs 2.73 lakh.
Dogecoin (DOGE) Price Today
DOGE recorded a 1.97% jump over 24 hours, according to data from CoinMarketCap, currently priced at $0.1624. According to WazirX, the price of Dogecoin in India stood at Rs 14.17.
Litecoin (LTC) price today
Litecoin saw a 0.28% decline over 24 hours. At the time of writing, it was trading at $81. The price of LTC in India stood at Rs 7,016.86.
Ripple (XRP) price today
XRP price stood at $0.5345, a 24-hour jump of 1.27%. According to WazirX, the Ripple price stood at Rs 46.30.
Solana (SOL) Price Today
Solana price stood at $146.53, a 24-hour gain of 1.66%. According to WazirX, the SOL price in India stood at Rs 12,801.03.
Top Crypto Gainers Today (May 6)
According to CoinMarketCap data, here are the top five gainers in crypto over the past 24 hours:
Worldcoin (WLD)
Price: $5.86
Gain over 24 hours: 16.06 percent
Recover.ai (FET)
Price: $2.40
Gain over 24 hours: 13.02 percent
SingularityNET (AGIX)
Price: $0.9844
Gain over 24 hours: 12.07 percent
AIOZ Network (AIOZ)
Price: $0.7591
Gain over 24 hours: 11.35 percent
Arweave (AR)
Price: $40.09
Gain over 24 hours: 10.96 percent
Top Crypto Losers Today (May 6)
According to CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
dog hat (WIF)
Price: $3.28
Gain over 24 hours: 3.33 percent
Core (core)
Price: $1.94
Gain over 24 hours: 2.39 percent
Nervos Network (CKB)
Price: $0.01862
Gain over 24 hours: 2.23 percent
Sei (SEI)
Price: $0.5608
Gain over 24 hours: 2.20 percent
Bonk (BONK)
Price: $0.00002662
Gain over 24 hours: 1.89 percent
What crypto exchanges are saying about the current market scenario
Mudrex co-founder and CEO Edul Patel told ABP Live: “After hitting a low of $56,000 last week, Bitcoin returned to $64,000, boosted by a US jobs report -United April colder than expected. The Bitcoin network has now processed over a billion transactions, a significant milestone since its inception. Immediate resistance lies at the $64,500 level, while support lies at the $62,400 level. We could likely see Bitcoin trading sideways between $62,000 and $66,000 this week.
Parth Chaturvedi, Head of Investments at CoinSwitch Ventures, said: “The crypto market has rebounded from last week’s decline thanks to recent US employment data which was well below forecasts and market signals. a slowdown in the economy. With a slower economy, inflation is bound to slow, leading to lower interest rates. The top 10 cryptos by M.Cap. are trading in green. Additionally, recent market trends indicate a balance between price movements and liquidations, signaling market stabilization. BTC appears to be consolidating around $64,000. However, the key resistance level remains around $65,000.
Rajagopal Menon, Vice President of WazirX, said: “Although the BTC price increase was not too significant last week, the market is exhibiting strong buying sentiment which may be further exacerbated by the token crossing the $64,100 level, which is the all-time high. immediate resistance. However, failure to do so could trigger a massive sell-off. The relative strength index (RSI) is neutral at 49.19, highlighting a delicate balance between bullish and bearish sentiments.
Sathvik Vishwanath, CEO and co-founder of Unocoin, said: “Bitcoin is showing resilience, trading at $64,265, up 1.20% in 24 hours, with a market cap of 1.27 trillion of dollars. Technical indicators on the 4-hour chart indicate bullish momentum supported by a breakout of the 50-day EMA at $61,999 and a “three white soldiers” candlestick pattern. Resistance levels at $66,796 and $69,328 are potential targets, with $61,735 serving as key support. A descending channel around $63,200 could represent resistance, but a break above could propel Bitcoin towards higher resistances. Support levels at $59,550 and $56,625 provide downside stability. The RSI at 61 shows further upside potential without being overloaded. Overall, Bitcoin’s position looks strong, especially if it holds above $64,365.
Shivam Thakral, CEO of BuyUcoin, said: “The recent US jobs report for April provided promising data, easing concerns over a possible rate hike by the US Federal Reserve. This positive development has catalyzed bullish sentiment in the crypto market, with Bitcoin surpassing the $64,000 mark. Remarkably, Bitcoin has soared more than 10% in just 5 days, reflecting the market’s confidence in its resilience in the face of changing economic indicators.
The CoinDCX research team told ABP Live: “Over the weekend, the crypto market saw an upward trend, with BTC and ETH gaining over 5% over the 2- Last 3 days. BTC notably closed the week with strong bullish sentiment, supported by positive price action and positive ETF net flows. The main support levels for BTC are seen around $57,000 and $59,000, while resistance levels lie at $65,000, $67,500, and $71,400.
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