Crypto Prices Today May 7: Bitcoin & Ethereum Decline As Solana, XRP Defy Bearish Trend
Highlights
- The Bitcoin price fell below $63,000 after surging past $65,000 on Monday.
- Ethereum lost hold on the $3,100 due to the decline
- Solana sustained above $150 with over 4% gains.
The top crypto prices today recorded substantial declines as the Bitcoin (BTC) price extended below the $64,000 level. Furthermore, the Ethereum (ETH) price dipped below the $3,100 mark amid the bearish downturn. In contrast, other top altcoins, such as Solana (SOL) and XRP gained significantly while Cardano (ADA) recorded a slump.
Major Crypto Prices Today
1. Bitcoin Price
The Bitcoin price was down by 1.12% reaching $63,412.60 at the time of writing on Tuesday, May 7. On the other hand, it’s trading volume skyrocketed 71.55% to $30.31 billion in the last 24 hours. Whilst, the crypto’s market capitalization dipped to $1.24 trillion.
2. Ethereum Price
The Ethereum price dropped 2.65% to $3,065.74 at press time with a market valuation of $368.29 billion. Whilst, ETH saw its trading volume spike 66.20%, reaching $13.78 billion.
3. Solana Price
The Solana price recovered significantly and sustained the $150 level today. The Solana price surged 4.54%, settling at $155.02. In contrast, SOL witnessed a 116.38% jump in trade volume to $3.24 billion in the last 24 hours.
4. XRP Price
Whilst, the XRP price held above the $0.53 mark. The XRP price recorded a gain of 0.79%, reaching $0.5377. On the other hand, XRP’s trading volume soared by a staggering 240.29% to $1.84 billion.
5. Cardano Price
Meanwhile, the Cardano crypto price was down 2.06% to $0.4495 today. Whilst, ADA recorded a surge of 65.46% in its 24-hour trading volume, settling at $368.81 million.
6. Dogecoin & Shiba Inu Price
The Dogecoin price slipped 3.97% to $0.156 while its rival, Shiba Inu price lost 4.34% and traded at $0.00002371=
Also Read: Crypto Price Prediction: AI Tokens Capitalize on Market Optimism as $BTC Breaks $65K
Top Crypto Gainers Today
- AIOZ Network (AIOZ): The AIOZ crypto price rose 7.47% to $0.8157.
- Worldcoin (WLD): The Worldcoin crypto surged 4.32% and traded at $6.12.
- Render (RNDR): The Render crypto surged 4.22% and traded at $10.40.
- Injective (INJ): The INJ crypto price rose 3.86% to $25.09.
Top Crypto Losers Today
- Bonk (BONK): The Bonk price lost 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 was down 6.14% to $2.73.
Jupiter (JUP), Dogwifhat (WIF), KuCoin Token (KCS) and also made it to the top crypto gainers list today.
Also Read: Bitcoin Price: What’s Behind The Current BTC Price Surge
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