Crypto Market Today: Bitcoin Holds $80K, ETH Stays Above $2,300, XRP Hits $1.45 as Sui Price Jumps 20%

Frank bevah
Updated
Frankbevah is a senior crypto market analyst and stock Journalist with four years of industry experience. He focuses on in-depth market analysis, emerging trends, and real-time developments across cryptocurrency and equity markets.
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Crypto Price Today: Bitcoin Holds $80K, ETH Stays Above $2,300, XRP Hits $1.45 as Sui Price Jumps 20%

Highlights

  • Crypto Price Today: Bitcoin hold $80K as market sentiment turns bullish.
  • Ethereum and XRP are rising due to ETF inflows on all markets.
  • SUI jumps 20% after institutional staking announcement boosts confidence

Crypto market today on Monday remained positive as Bitcoin price defended the key $80,000 support.  BTC was trading around $80,700 after briefly surpassing $82,000 during intraday trading before easing a little later during the session. 

Ethereum price remained above $2,300, and XRP price rallied higher to $1.45 on the back of positive inflows into ETFs. Recently SUI is on the rise, having surged by almost 20% on robust trading volume, and recently announcing a big institutional staking, in this manner SUI manages to appear in the list of top-performing altcoins.

Crypto Market Today As Bitcoin Price Continues To Hold Above $80K

Bitcoin had strong momentum as buyers continued to hold up the market despite the volatility of other coins. BTC traded at $80,745, with a 0.3% over the past day.

If bullish momentum continues to grow over the next few trading sessions ahead, the full Bitcoin forecast report could revisit the $81,000 and $82,000 resistance levels.

Crypto Price Today: Bitcoin Holds $80K, ETH Stays Above $2,300, XRP Hits $1.45 as Sui Price Jumps 20%
Source: Tradingview

If it breaks above those levels, it could continue to rally toward the $85,000 price area in the short term.

The support area loss of $80,000, however, could cause temporary selling pressure and dampen short-term sentiment for cryptocurrencies around the world.

Ethereum And XRP Price Prediction As ETF Inflows Boost Bullish Sentiment

The price of ETH has hovered around $2,337 over the last 24-hours, remaining above the crucial $2,300 level.

If Bitcoins are able to hold on to the existing support level well into the coming week, Ethereum may test the $2,450 and $2,500 resistance zone.

Crypto funds see $857.9M weekly inflows as CLARITY Act Lifts Sentiment. Digital asset investment products (DAIPs) posted $857.9 million in inflows last week and total AuM reached $160 billion. Bitcoin had the highest inflows with $706.1 million, followed by Ethereum with $77.1 million, Solana with $47.6 million and XRP with $39.6 million. Short-Bitcoin products saw $14.4 million in outflows, the largest this year.

XRP price rallied to the critical $1.45 resistance level within the trading session and managed to ascend by 2.45%.

The token has been trending in favour due to the rise in optimism around the blockchain tokenization developments of JPMorgan and Mastercard in financial markets recently.

If the bull market gains further strength from there, XRP price could re-test the $1.50 price point in the near future.

CLARITY Act Review And Easing War Tensions Lift Crypto Market Outlook

The upcoming committee review of the CLARITY Act on May 14 this year is being closely watched by crypto traders.

The legislation could become one of the most important cryptocurrency market structure bills introduced within the United States recently.

Polymarket traders currently assign a 75% probability that the CLARITY Act could officially become law during the year 2026.

Those odds rose by 10% points, in line with growing confidence in the future regulatory environment for digital asset firms across the country over the past few months.

Crypto Price Today: Bitcoin Holds $80K, ETH Stays Above $2,300, XRP Hits $1.45 as Sui Price Jumps 20%
Source: Polymarketcap data

President Trump said Iran’s response to the latest peace proposal was “totally unacceptable”, bringing a major setback to U.S.-Iran peace talks.

SUI Price Surges 20% As Nasdaq-Listed SUI Group Stakes 108 Million Tokens

SUI has been among the best performers in the cryptocurrency space, buoyed by a strong rally due to global trading activity and institutional advancements.

The Sui price rallied by nearly 20% following SUI Group Holdings’ public announcement of staking of around 108.7 million SUI tokens on the Nasdaq exchange.

That level of supply was almost 2.7% of the existing supply, which set the stage for some tighter conditions ahead.

Trading volume surged to around $2.98 billion as volume surged 346% on a daily basis during the latest rally.

SUI could continue advancing if buyers successfully maintain momentum above the important $1.30 breakout level during upcoming sessions.

Investment disclaimer: The content reflects the author's personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Frequently Asked Questions (FAQs)

1. Why is Bitcoin holding above $80,000?

Bitcoin remained strong because investor sentiment improved and ETF inflows supported buying momentum across the crypto market.

2. Why is the CLARITY Act important for crypto markets?

The CLARITY Act could provide clearer cryptocurrency regulations and improve confidence among institutional investors across digital asset markets.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

BTC

Bitcoin

$80,771.2896 -0.20000000298%

24 Hours volume

$23.65B

Market Cap

$1.62T

Max Supply

21M

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About Author
About Author
Frankbevah is a senior crypto market analyst and stock Journalist with four years of industry experience. He focuses on in-depth market analysis, emerging trends, and real-time developments across cryptocurrency and equity markets.