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
Recent Posts
- Crypto News
Breaking: Bitwise Files S-1 For SUI ETF With U.S. SEC
Crypto ETF issuer Bitwise is looking to add a SUI ETF to its growing list…
- Crypto News
Crypto Hacks 2025: North Korean Hackers Steal over $2B in ETH and SOL This Year
In 2025, crypto hacks increased significantly. The cybercriminals associated with the North Korean government stole…
- Crypto News
Universal Exchange Bitget Removes Barriers to Traditional Markets, Offers Forex and Gold Trading to Crypto Users
The number one universal exchange Bitget is removing barriers between crypto and traditional finance. It…
- Crypto News
Breaking: U.S. CPI Inflation Falls To 2.7% YoY, Bitcoin Price Climbs
The U.S. CPI inflation came in well below expectations, providing a bullish outlook for Bitcoin…
- Crypto News
Crypto Market Brace for Volatility Ahead of Today’s U.S. CPI Data Release – What to Expect
The crypto market could see some price fluctuations ahead of the release of the major…
- Crypto News
Breaking: Canary Capital Files S-1 for its Staked INJ ETF
Canary Capital amended its staked INJ ETF application with the U.S. Securities and Exchange Commission…