Significant drops were seen in today’s leading cryptocurrency values as the price of Bitcoin (BTC) broke below $64,000. Moreover, during the bearish turn, the price of Ethereum (ETH) dropped below $3,100. Cardano (ADA) declined, but popular altcoins like Solana (SOL) and XRP saw significant gains.
Major Crypto Prices Today
1. The price of bitcoin
Source: CoinMarketCap
As of Tuesday, May 7, Bitcoin’s price had decreased by 1.12% to $63,412.60. However, its trading volume increased by 71.55% to $30.31 billion in the last 24 hours. In the meantime, the market value of cryptocurrencies fell to $1.24 trillion.
2. Ethereum Price
At the time of writing, the price of Ethereum had dropped 2.65% to $3,065.74, giving it a market valuation of $368.29 billion. In contrast, ETH experienced a 66.20% increase in trading volume, reaching $13.78 billion.
3. Solana
The price of Solana made a considerable comeback and held onto the $150 mark today. It increased by 4.54% to $155.02. In comparison, SOL had a 116.38% surge in transaction volume to $3.24 billion in the last 24 hours.
4. XRP Price
In the meantime, the price of XRP remained above $0.53. With a gain of 0.79%, the price of XRP reached $0.5377. Conversely, the trading volume of XRP had a remarkable 240.29% increase, reaching $1.84 billion.
5. Cardano
The price of the cryptocurrency Cardano dropped 2.06% to $0.4495 today. ADA recorded a surge of 65.46% in its 24-hour trading volume, settling at $368.81 million.
6. Shiba Inu & Dogecoin Prices
Dogecoin’s price dropped 97% to $0.156, while the price of its competitor,
Shiba Inu, fell 4.34% to $0.00002371.
Top Crypto Gainers Today
AIOZ Network (AIOZ): At $0.8157, the AIOZ cryptocurrency price increased 7.47%.
Worldcoin (WLD): The cryptocurrency saw a 4.32% increase and was trading at $6.12.
Render (RNDR): At $10.40, the Render cryptocurrency saw a 4.22% increase in value.
Injective (INJ): The INJ coin price gained 3.86% to $25.09.
Top Crypto Losers Today
Bonk (BONK): The Bonk price decreased by 6.95%% to $0.00002501.
Conflux (CFX): The CFX price dipped 6.43% to $0.2142.
FLOKI (Floki): The Floki crypto dropped 6.37% to $0.0001793.
Optimism (OP): The OP price went down 6.14% to $2.73.